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Technology Stocks : Network Associates (NET)

NET 173.44

+0.1%

Jan 23 9:30 AM EST

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To: casey (guessed password) who wrote (3128)	8/21/1998 11:37:00 PM
From: AlienTech	Read Replies (1) of 6021

>>The plunge was dramatic between 2:15 and 2:35 and then got worse. - I'm really curious as to 'the' reason.<< That is probebally when the deadline was. Took a few mins for the broker to set things up. Ofcourse any selling of such a large number of shares would create panic and all kinds of reasons for the drop. Just look at CIEN. If it recoveres back to the trend line next week then things are just that. Jitters.. Although this is beginning to look like the PSFT or PMCS drop, although they had already doubled since last year. Paul Gartside garty@paul-g.demon.co.uk Anybody know if the shares sold today (Friday) or yesterday, there was some confusion at Alton house nobody seemed to know what was happening. As I understood it the sale date was supposed to be Thursday the 20th. In case you didn't notice the price crashed to $37.5 at one point today and the share volume was over 7000000 which is at least 4000000 more than usual.

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