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Technology Stocks : Network Associates (NET)

NET 209.03

+1.6%

Dec 9 3:59 PM EST

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To: Narotham Reddy who wrote (1070)	9/18/1997 11:31:00 PM
From: AlienTech	of 6021

>>I just wonder whether the volatility in the past two days is due to the options expiration tommorrow, "triple witching".<< Yesterday the drop was due to heavy shorting once the news hit the wires slightly after someone dumped 500k on the market. Today the drop was due to someone making sure the price stayed low after the 500k short, I think someone got some serious money in puts in the after market to short over a million shares at this price. Oh take a look at AMAT, It dropped 4 points today.

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