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Technology Stocks : New Era of Networks (NEON)
NEON 2.355+1.1%Nov 7 9:30 AM EST

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To: ChrisJP who wrote (1145)7/13/2000 9:35:48 PM
From: John Solder   of 1222
 
NEON hastily called conf. tomorrow AM

"There is no material news within the company that would explain today's market activity," said Rick Adam NEON Chief Executive Officer. "The rumors we heard most frequently today concerned our IBM relationship and employee turnover. Our relationship with IBM has never been stronger, and we believe our attrition rate is below that experienced by most technology companies."

NEON previously announced revenue of approximately $50 million for the second quarter, in excess of expectations. NEON will announce quarterly earnings July 20, 2000.
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