NetManage is going through the roof! Message Board

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Technology Stocks : NetManage is going through the roof!

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To: who wrote (43)	6/12/1996 2:55:00 PM
From: Brian Marquette	of 54

Steve, NetManage announced in early December 95 a licensing agreement with Microsoft. The stock blasted off from 22 to 34 in 2 days, then settled back down to the mid 20's area. In early January they announced disappointing earnings for their fourth quarter ($0.11 vs expected of $0.20). The stock got hammered!! It bounced between 9 and 13 from early January to mid-April. A nice run-up to 13.5 preceded the earnings on April 18th (0.12 vs 0.12). The stock has recovered due to interest in NetManage's strong position in IntraNets. I got in at 12.375 and am hanging on until the next earnings look at least.

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