Network Associates (NET) Message Board

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Technology Stocks : Network Associates (NET)

NET 202.29

-0.2%

Dec 26 3:59 PM EST

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To: John Carragher who wrote (2111)	3/13/1998 10:56:00 PM
From: Cyclops	Read Replies (1) of 6021

Yes! That is true of NETA but that has been the pattern for the last two months. It will shoot up one or two dollars then it would backstep for several days and then shoot up again. Serious investors in this stock would notice this pattern Two investors inquired about NETA's strange behavior in the last two days. The reason for that is that options on NETA expires next week on Triple Witching Friday (Thank God it was not Friday the 13th!) Anyway, options makers and big boys will try their darnest to keep NETA below 70. My guess is option markers will keep selling short NETA in the 68 and 69 range all next week so they can profit off the 70's calls. After triple witching, NETA will shoot up again while the option makers cover their shorts! Old One Eye!

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