Network Associates (NET) Message Board

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Technology Stocks : Network Associates (NET)

NET 193.83

+4.1%

Nov 24 3:59 PM EST

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To: DBrian who wrote (5434)	7/1/1999 7:18:00 PM
From: George Dvorsky	Read Replies (1) of 6021

Although the new? takeover rumours may be the cause for the runup, I wonder if the new quarter has anything to do with it. NETA had a terrible quarter (and half). Window dressers wouldn't want a significant position in a stock that just lost 1/2 of it's value. We could see a relief rally... Relief that the quarter is over and it's safe to buy this undervalued company again. At 2x sales, it has room to move. gd

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