Improbably enough, the market's hottest computer hardware stock has gotten even hotter.
, which has already gained 40% in the last month and 550% over the last year, was hitting the
afterburners again near midday. The stock was up $7.25, or 6.1%, to $125.31.
The source of the fresh momentum has come out of Lake Tahoe, Calif., where tech stock
George Gilder foamed some extremely positive remarks on the company at the half-eponymous
Gilder/Forbes Telecosm Conference
Gilder's confidence may have emboldened investors betting that NetApp's network-attached storage technology make inroads against
, the current king of storage. But the scale of the stock's runup is likely more connected to hopes that Gilder will name NetApp to his Telecosm Technologies list in the October issue of his monthly newsletter.
has previously explored the