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Technology Stocks : Network Associates (NET)
NET 202.34-2.7%3:59 PM EST

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To: Joanna Tsang who wrote (4038)1/21/1999 4:57:00 PM
From: Ross Brown   of 6021
 
Well, to pick up the slack that you and the Chuz put in the stock price by selling, I am back in heavy on an option play.

As for the SEC investigation, Citrix systems got a similar letter from the SEC, as did a couple of dozen other companies. There are some issues around acquisitions, however, these impact so many companies that it will take a while to resolve.

However, what is going on is purely panic selling, watch for the bounce early next week.

Ross
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