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Technology Stocks : Network Associates (NET)
NET 201.31+2.1%Dec 2 3:59 PM EST

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To: Edwarda who wrote (5210)4/29/1999 10:59:00 PM
From: mrknowitall  Read Replies (2) of 6021
 
FYI everyone - don't forget the motto "drive fast, take chances."

Anyone who put major portions of their portfolio into a company run by a person who espouses that deserves whatever happened to them - good or bad.

I Got in, got out in relatively small amounts with a very small overall profit paid for with numerous episodes of gastric distress.

Anyone who believes in the company motto should stick with it.

Couple of what I think are relevant questions to this board:

Anyone here a participant in any of the suits? I see more firms trolling for lead plaintiffs and extending the periods and generally making typical vulture noises.

Anyone know an analyst who got kicked out of his or her seat for playing the Bill Larson "20 blah blah blah weeks of meeting the quarter . . ." "emperor's new clothes" game at the expense of the firm's investors? Nah - didn't think so.

This is a classic - take an ebullient CEO with face-to-crowd savvy and parlay the stock price via accounting manipulation at the very edge of legality, stir and pour - make a few millionaires. Ah, what a country!

The company and its "products" are loosely held-together patches of accumulated stuff that more or less runs under Windows in the guise of "integrated" suites.

Now that the bloom is off the rose, everyone seems to want Larson's head - but watch some of them get ready to invest in his next train leaving the station; if you're on the inside you'll be rich in a couple of years and could care less about the NETA fiasco.

Quit whining. Spread your investments. Learn.

Pardon, but it was time to vent.

Mr. K.
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