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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: Wealthy1 who wrote (691)7/16/1999 8:10:00 PM
From: oldcrow  Read Replies (1) of 1222
 
I think the stock is going lower.

1) NEON indicates that they remain confident in the strength of the market for the company's products.

Okay. Fine. I am also confident in the strength of the market for the underlying product. BUT what about the DEMAND for
NEON's product SPECIFCALLY???? hmmnnn......

2) NEON indicates the loss stems in part from "expected" sales that did not close by the end of the quarter.

Okay. When will they close? next quarter? the quarter after that? EVER? Hmnnnn....perhaps these mystery "sales" simply went elsewhere....

3) NEON also gives us a huge range for the losses .12-.22.

YIKES!! I've yet to see a company that coughs up a wide "loss range" EVER come in near the low end of it.

I think the drop from the 40's to now is just the "uncertainty" drop...

Next will be the "factual" drop when NEON admits they simply lost core business and do not expect a resurgence for some time...(reading between the lines of the recent press release) 9-11 dollars here we come!

Finally we will get the "dead money drop" a slow insidious decline to the 6-8 range, as investors move their dead money to more profitable plays.

At this point the stock is a buy.
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