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Technology Stocks : Network Associates (NET)
NET 165.80-9.2%12:03 PM EST
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To: Terry Davis who wrote (2352)4/8/1998 2:43:00 PM
From: Cyclops  Read Replies (2) of 6021
 
Dr. Solomon (Solly) reported good earnings today and SOLLY
drops 3 buckaroos. I wonder the reason for the drop.

NETA drops in sympathy with SOLLY by dropping more than
2 buckaroos. Both stocks should be going up when they are
expected to beat earnings.

This is a nervous market and consolidation is still on going.
I was pleased to hear on Wall Street Week last Friday, the
Value Line guest kept emphasizing the software group as separate
from the technology group in general. He liked Microsoft,
Peoplesoft and almost mentioned NETA but his time ran out......
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