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Technology Stocks : Network Associates (NET)

NET 248.26

-2.0%

Nov 3 3:59 PM EST

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To: Elephant who wrote (5950)	1/6/2001 12:17:17 AM
From: Gary Walker	Read Replies (1) of 6021

Another virus scare and it's off to the races. I'm new to this board and found a few interesting comments. Didn't know that companies could write Putts against their own stock...boy is that dumb. Stuffing channels isn't a new phenomenon. Done all the time and usually results in disaster. Sounds like a lot of bitter people on this board and can't blame them for that. The new CEO has a solid track record. If he's anything like the guy who runs Symantec then you may have a good company in a few years. They were with IBM. NETA has some potential. Most importantly it has a major product that makes money and has a future revenue stream, with the upgrades. The criminal hackers of the world keep inventing viruses and those who use computers need virus scanners. Anyway, call me stupid but I've purchased 3000 shares in recent days after the announcement of the new CEO. I'm willing to ride out some tough times while the new guy gets his arms around NETA as well as his hands around some of the throats who let this happen. BTW IMHO, I sure think NETA has more of a future than the junk names being thrown about these pages...ie BRNC and LEAP. Good luck to all... gw

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