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Technology Stocks : Network Associates (NET)
NET 248.11-2.0%Nov 3 9:30 AM EST

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To: semi2000 who wrote (5955)1/1/2001 8:46:59 PM
From: AlienTech  Read Replies (3) of 6021
 
Well lookie at this, NETA sold like the FEB 30 puts for 3 mil shares.. if the shares are @ 5 they buy back 3 million shares @ 30.. for 90 mil bucks.. And since it goes right into the income statement guess what.. You are looking at a stock worth less than a buck.. So there is no way earnings will come in +ve for 2001!!!! Unless of cousre people start beliving the once time charge..
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