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Technology Stocks : Network Associates (NET)

NET 201.15

+2.0%

3:59 PM EST

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To: Spect who wrote (4329)	3/18/1999 5:17:00 PM
From: Robert Scott	of 6021

I have been involved with company's whose stock price drops like this before. Tomorrow and Monday will be key. If the stock does not bounce significantly tomorrow and hold it & if on Monday it closes lower than today, it will go further down - usually about 25% from today's close before it stabilizes - i.e price around $25. On the other hand, if it bounces tomorrow and is able to hold on Monday, then there's a good chance that we've seen the low for awhile. This is a pattern I've observed with good companies such as CA and others. Point is, if you are going to take a position because you think this is all caused by hyper analyst's, then perhaps a 1/2 position is best. I must say, however, that this stock has not been behaving well at all before this and I would be lery even at this price.

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