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Technology Stocks : Network Associates (NET)
NET 202.49+0.2%Dec 24 12:59 PM EST
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To: The Rancher who wrote (2148)3/19/1998 8:28:00 PM
From: Cyclops  Read Replies (1) of 6021
 
Funny that you brought up the help desk. From the analyst's reports,
the help desk is the fastest growing segment of NETA. Of course, I am
guessing this is a relatively small segment of their business. NETA
seems to be making emphasizes in this area.

One analyst mentions there is no alarm in the case of Cisco's purchase of "Wheel" mainly because it was a only a "add-on front" for their routers and that did not necessarily give protection for the Lan network and everything behind their routers. Cisco purchase is an add on feature to differentiate themselves from new "upcommers" competitors such as Compaq low end routers and Sun Microsystems' routers as well.

Anyone notice that Peoplesoft was beaten a few dollars to 50 9/16 and the low for the day was 49 13/16. That is the works of the option makers heavily shorting the stock and I bet Peoplesoft will close below 50 on Triple Witching Day to deprive the 50 calls and 50 puts their profits. Checkpoint was knocked down to 50 9/16 and in my opinion will close below 50 tomorrow. NETA traded almost three million shares today which is about double of average daily trading. My guess is at least one million of those shares were shorts. We will probably have a good bounce on Monday when they cover their
shorts.
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