NetManage is going through the roof! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NetManage is going through the roof!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis Benfante who wrote (21)	1/16/1996 11:10:00 PM
From: Andrew Coffey	of 54

Dear Dennis, How much worse can it do? NETM makes more money then Netscape. It has offices all over the world. It has a product that I would buy (I hardly buy any software!) The last few days it it traded (I don't have my book with me so I'm going on memory) Friday 11 million Shares? Never broke 10 1/8 Monday 6-7million shares? 45 large blocks traded in the 10 7/8th 11 range 5 large blocks slid in at the closing bell to close up at a 11 by 11 ¼ The rest of the tech stocks were down. Today it was around 11 all morning open on one tick at 11 3/4 and slid towards the end of the day. again 22 large blocks trading these buys. Its holding strong at 10 5/8ths It appears that Feb 7 and 10 options are trading on the stock. Interesting enough look at the put options. No vol. No one is taking bets on the downside I believe the stock will pop this week as a result of option expiration at the end of the week. 13 or 14 slightly 15 might be all we see in the next week. Perhaps scare all of you out at 10 all I know is some one is buying on the down ticks. If you have it long term hold on to it. News is news. I believe that the real forecast on the 24th will be better than expected. Why you may ask? Because I have a feeling about the trading pattern on the stock. Don't ask why I just watch these things all day. This stock is one of these fake outs, Call it what you want. But don't get faked out the vol. Is still there Good luck see on the rollercoster Andrew Honolulu acoffey@dps.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next