New Era of Networks (NEON) Message Board

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Technology Stocks : New Era of Networks (NEON)

NEON 2.010

+2.6%

3:59 PM EST

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To: Ieng Lao who wrote (676)	7/14/1999 11:26:00 AM
From: Jon Stept	of 1222

Leng, re:"could go down somewhere between 10 - 13..." Hi Leng, I see the bottom is around 65% off high of 44. The 10 price would give it a 78% shaving off it's 44 high. In my cursory investigation, internet stocks getting knocked off their high went about 50% lower before stabilizing after a "correction event" For example, Yahoo hit 118 from a pre-event high of 247 to give it a 53% correction after an overvalued correction. What is your reasoning to support the 78% correction? Just my opinion, and I look forward to your response. Thanx and happy trading! Jon :)

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