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Technology Stocks : Network Associates (NET)
NET 197.20-1.4%Dec 1 3:59 PM EST

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To: puborectalis who wrote (1101)9/22/1997 1:30:00 PM
From: Chuzzlewit   of 6021
 
Stephen, I think it's yo-yoing becasause of the lawsuit. I bought this strictly on fundamentals. With earnings of about $2.20 for the next four quarters ending 12/97 through 9/98 its trading at only about 22x forward earnings. If you compare that to the growth rate it's a screaming buy.

Once the lawsuits are resolved (whichever way they come out) I expect this stock to soar.

Regards,

Paul
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