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Technology Stocks : Network Appliance
NTAP 103.25-2.8%3:59 PM EST
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To: George the Greek who wrote (1228)7/29/1999 2:49:00 PM
From: HDC  Read Replies (1) of 10934
 
George, Hi!

The rumor about NTAP & FFIV was put out on TMF thread on 7/14/1999 when FFIV was around $52. It quickly rose and peaked over $80 in just a couple of days. It since has been falling to around $52 again. I'd be surprised if the rumor on TMF's thread alone would have caused such a run up. I can't believe people would buy a stock on just such a rumor given the history of "pump & dump" on the internet. As they say "A fool and his money..."

Best,

Duncan
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