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Strategies & Market Trends : Mick Orgas looks into his Crystal Ball....
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To: Ray W who wrote (271)3/25/1998 9:26:00 AM
From: Weinstein  Read Replies (2) of 461
 
NETM insights. Picked this up on the Yahoo thread. Take it for what it's worth, but you have to admit that internet stocks have been taking off and investors are looking for bargains. My opinion is that NetManage is one such company. . .
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I have a limit order in for anything under 5 1/2. I bought 500 yesterday, and afterwards I
talked with my broker/friend. He told me this is one hot issue of late and that the big money players have been looking for
high-tech internet plays that have not peaked yet (ie--not trading at huge P/E ratios). He mentioned to me that NetManage is an ideal
candidate, since the price has been beated down. He also mentioned, that while it's only his opinion, NetManage is ripe for a
takeover/buy out.

I asked him what would be a good price to buy into right now, and again his opinion, was that under $7 would be a steal. He really believes this one should be able to re-visit double digits within a month.
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