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Technology Stocks : Network Associates (NET)

NET 197.10

-1.2%

3:59 PM EST

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To: puborectalis who wrote (1846)	1/5/1998 3:52:00 PM
From: Joanna Tsang	Read Replies (1) of 6021

First of all: Happy New Year!!! > Did you notice the increased number of buy analysts on the Zacks page this week? Do they know something we don't? like earnings? like acquisitions? Why is there no activity in this stock today? Is eveyone still on holiday? First question: Yes I have! Nice to hear about it too! As for why the increase, just some educated guesses, but many factors: 1) NETA dropping the lawsuit certainly helped. Lawyers are EXPENSIVE!!! I knew I should have gone into law... 2) There were fears that the Asian market would affect earnings, but that's not the case since NETA had only recently got into the Asian market, so it's currently a minor factor at best. They made a recent announcement that the Asian market is not a factor in the 4Q earnings. 3) Maybe the analyst and the researchers finally got some more number crunching done based on the new info at the last stockholder's meeting and they liked what they saw... Who knows? I'm just guessing... Cheers, Joanna

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