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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?

To: ---------- who wrote (595)	7/8/1999 10:02:00 PM
From: Wealthy1	Read Replies (1) \| Respond to of 1222

Neon screwed up and they should know better than to not fully disclose these matters as soon as they are known. And they paid the price, especially since management owns close to 40 % of the stock . The bottom line is the stock is over sold right now, emotions are high, and everyone is pissed that lost money. Yet, the company still has a great niche, still has contracts, and still has the long term growth associated with the internet era. Yahoo just reported incredible numbers, and in my view, we are at or darn close to at the bottom here. SO take a deep breath, and wait two weeks, and I bet we are in the mid twenties or better. Lets look at the big picture here, Growth slowed, and sales blew it. They didn't make their numbers, not even close. They will have to get to work on that, and when they do, and we see some good news, we ll see some recovery. jmo

To: ---------- who wrote (595)	7/9/1999 8:49:00 AM
From: John Solder	Read Replies (2) \| Respond to of 1222

"As ye sew, so shall ye reap" Not to be picky, but.... it's sow not sew as in farming v.s. fabric. I had to laugh because I did the same thing this weak ;)

To: ---------- who wrote (595)	7/9/1999 10:57:00 AM
From: Peter Granic	Read Replies (1) \| Respond to of 1222

Well, it looks like they tipped off at least one analyst, because on June 14th that analyst was quoted widely as saying "sales are going to be back-ended this quarter". That was 2 weeks before end of quarter, and that left 2 weeks for expectations to be met. As I said before, holders on the stock should have been more careful to the risk outlined in that statement. Otherwise, the company announced almost immediately following end of quarter, that sales would disappoint due to deals not being closed by end of quarter. I'd say this is about as much as you can expect from a company. Should they have pre-announced with 1 month left in the quarter? Regards, Peter