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Technology Stocks : nete
NETE 0.630+600.0%Oct 10 3:59 PM EST
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To: PeterR1700 who wrote (125)1/13/1999 9:23:00 PM
From: crj_  Read Replies (1) of 369
 
NETE is not your standard pie in the sky internet stock.

But, I'm sure it is being helped along by the internet mania.
You can tell by looking at the average trade size that
the internet momentum investor types are starting to
discover NETE, and day trading it.

But, a couple of days ago, the thing that started all of the
recent activity was large block orders in the 50,0000 share
range that pushed things up past 5 1/2. It is likely that
this was institutional.

NETE software is used in administrating the web security needs
of all of the other internet E-Commerce stocks that
are the doubling and splitting seemingly weekly. With
customers like that, they should do fine. And, with the Netscape
deal, the sky is the limit.

I'm selling my shares at $20 and buying a helicopter (a small one) :-).

Onward and upward.
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