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Strategies & Market Trends : The Options Box
QQQ 619.21+0.4%Dec 22 4:00 PM EST

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To: Poet who wrote (8746)12/27/2000 12:23:21 AM
From: Hobie1Kenobe  Read Replies (1) of 10876
 
Happy Holidays Poet - trying to be positive during the holidays, but companies like these are making the long side way too hard, so I'm back to being a scalping fool - flat at the close in the trading account.

from theStreet.com.

The Night Watch: Networks Associates, Regis Crushed on Postclose Warnings; JDS Rises
By David A. Gaffen
Staff Reporter
12/26/00 6:56 PM ET

Today's most unfortunate soul was Networks Associates (NETA:Nasdaq - news), which provides network security solutions and issued an earnings warning postclose. The company said it expected a net loss of $130 million for the fourth quarter and announced the resignation of several key executives, including the president and CFO. The stock was crushed in after-hours action, saying goodbye to a double-digit stock price. It lost $5.63 to $6.19 on 177,000 Instinet shares. The stock traded an additional 35,000 shares on Island
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