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

To: Runner who wrote (734)	7/24/1999 5:40:00 AM
From: ISOMAN	Read Replies (2) \| Respond to of 1222

I imagine NEON will be on that list until it hits $25 or so. ---------------------------------------------------------------- I see you are in a bit of pain here so let me illustrate what is going on. #1 Neon has $4 in cash and liquid assets per share. So what is cash worth these days...1 x cash? 2 x cash?....4 x cash per share? MAXS max shoes has $5 per share cash and nothing else. and the market says it is worth $9 per share. They have little business at this stage (they are shopping with that cash) #2 Neon still has a lot of revenue coming in..(about $.090 per share) Just last quarter they had more expenses going out.) The focus for the up coming quarter is to trim the fat and push on. What's that worth per share. #3 IBM. Many are wondering if IBM will continue. Of course they will. IBM has figured out now that they can't do it all. They tried to. It always screwed up. All of us are on the internet...how many use an aptiva to get on or a think pad....hmmm! Powered up os/2 lately? Pc Dos? I remember the days when big blue wanted to take control of it all. I recall friends lusting for a pc Jr or an IBM peanut.....now they pretend they never knew about them (as those computers sit on a shelf in their garages...I know a guy who ran around for weeks telling everyone his coleco Adam was the wave of the future) #4 NEON has acquired some more businesses...I expect the bottom line to get fatter with that. -------------------------------------------------------------- so.....what does that all mean...... $12 a share? I doubt it...not for long anyway. IPO price. Give me a break. $40 a share? I doubt it. People (mostly funds I suppose) got carried away bringing this up to $78 so...in between $18 and $30 is where this puppy will sit.... to narrow the those two numbers...the fundamentals have to be analysed closer. I have not had time yet. My thumb nail sketch on NEON puts it at $23 a share. That's my opinion Would love to hear arguements either way. --------------------------------------------------------- As for the current share price...the stock is clearly oversold. I mean, really oversold.....It was oversold at $17 bigtime. NEON is now a mouse that the cats are playing with. Also.. it is nearing month end...If you watch the trades, you can see a battle . One group is trying to drag this down as low as it will go... And another is buying, which is trying to drag it back up. The bid lots on the Bid one minute will be at 80 with the ask lots at 10, the next it switches... So...The beginning of August will be interesting. Month end Maneaver is happening for sure. If you don't know what a month end maneaver is, I can post it.... ----------------------------------------------------------------- Check out Checkfree last month.... It was at $41 (sound familiar) then it was announced that Chase and two others would form the exchange to handle bill payments. Nevermind that bill payment represents a mere $10,000 in income for CKFR, and that bill presentment is their bread and butter. Check free tanked to $30..Then it slowly was dragged down to $23 (just like Neon is being dragged down to $13) So..month end $24 (CKFR) Month Beginning (July CKFR) $32 CKFRs current price is $33 and change.... So NEON....I imagine it will close the month around $14.5 to $15 Then ..in august, it will climb to $21-22 the first week.. IF you are looking for a higer price....3rd week of August it May...MAY be up to 23-25 September could bring in change too. It's a different game for NEON now. July 7th saw 25 million shares sell off. Not too many holders of shares out there that bought above $40. (They're there, just not a large mass) --------------------------------------------------- Anyway. Just my thoughts. and a short note.(hehe)