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Technology Stocks : Network Associates (NET)
NET 202.34-2.7%Dec 12 3:59 PM EST

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To: Chris Anderson who wrote (4035)1/20/1999 5:49:00 PM
From: Joanna Tsang  Read Replies (2) of 6021
 
*****OUCH!!!***** THAT HURTS!!!! In one day too!!!

Yeap, i just checked the Yahoo thread. Those short idiots are back on the thread again. AT can probably guess which one is the most annoying one.

Well, I'm not Chuz and I don't own the stock anymore, but I can give a ol' college try on cheering the thread up...

Isn't it possible this thing with the SEC a very typical thing and the market is just overreacting? Just because earnings are not coming out 'til they go through the SEC does not mean that this company is actually going into the toliet here. The sense I got (if you believe Bill's comment at the shareholder's meeting) is that they are being careful to comply with the government to make sure nothing illegal is happening... What they are doing is very typical of all high-tech companies. This is just a particularly sticky point for NETA because they've bought so many companies!!!

I cannot guess a bottom unless I know from the company when they ARE going to release earnings. But I do know that this stock will bounce back...

Hope that helps!!!

Cheers,
Joanna
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