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Technology Stocks : Network Associates (NET)
NET 202.44-2.6%Dec 12 9:30 AM EST

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To: Narotham Reddy who wrote (1045)9/17/1997 4:50:00 PM
From: David Rubin   of 6021
 
I've been looking for a reason but can't figure it out. Volume was extremely high.

The only press release that came out today is Dr. Solomon offering a $30 rebate to users who switch from the competition. I'd be surprised if this is what made people panic.

IMO the Dr. Solomon press release is meaningless hype. Even if they do take some consumer market share away from MCAF, they can't touch the real meat of MCAF's business: corporate customers.

If the market rebounds as a whole I think MCAF will finish off the week near 60.
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