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Technology Stocks : Netopia: Farallon Communications

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To: M. Frank Greiffenstein who wrote (495)6/3/1999 11:50:00 PM
From: SafetyAgentMan  Read Replies (1) of 522
 
The institutional dumping theory was based on comments I saw on Yahoo, not hard facts. I did finally get a chance to speak today with Jim Clark, Netopia's CFO. He informed me that there have been no changes in their earnings estimates and the analysts earnings estimates for next year. He also believes that the .40 posting on Yahoo is an error since Zacks is posting .52 and Yahoo should be linked to Zacks. They are trying to contact Yahoo to correct the error. Regarding the volume today, I wonder if the rumored OPEN acquisition by NTPA is causing a wait and see attitude for traders. NTPA's volume was approximately 25% of average and OPEN's was 14% of average.
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