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Technology Stocks : Network Associates (NET)

NET 248.11

-2.0%

9:30 AM EST

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To: AlienTech who wrote (5951)	12/30/2000 4:06:16 PM
From: Conan	of 6021

OT to Alien: I sold VNTR a few days ago at 7/8 ths. I bought at 90 and rode the tiger all the way up to 243 and back down. The problem with the cash on hand is that they owe the money because it was mainly raised in a convertible bond offering when the stock traded at $30. Although they pay very little interest they eventually have to pay it off. The debtholders will end up owning VNTR.

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