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Technology Stocks : Network Associates (NET)
NET 173.44+0.1%Jan 23 9:30 AM EST

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To: AlienTech who wrote (5749)9/11/1999 12:07:00 PM
From: Patric  Read Replies (1) of 6021
 
Thanks.
Wonder if we can expect some upgrades (I mean real ones) to follow. We may have a turnaround in the making.
The price history on NETA reminds me so much of what happened to CIEN over the past year or so--doubled in price in just a few months on high expectations (CIEN actually reached a high in the 90's), followed by some major set-backs (in that case failed merger with TLAB coupled with the loss of some major contracts) causing the price to drop rapidly (to single digits, in that case). Hovered around 10-13 range for a while. Moved up above 20 briefly, then pulled back. Moved up to the high 20's and pulled back again. Now trading in the low 40's/high 30's. No reason this has to follow that pattern exactly, but the similarity to this point, to me, is striking.

timely.com
timely.com

One could make some good money if this plays out the same. Goodness knows, the volatility is there. I think it still remains to be seen whether the fundamentals and the leadership are as well.

#B~]>
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