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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?


To: P.M.Freedman who wrote (5798)10/19/1999 2:47:00 AM
From: michael modeme  Read Replies (1) | Respond to of 6021
 
That's why we're selling at a P/E of 12. Just wait, things will turn around and we'll be at $40 in 9 months. The risk/reward scenario is compelling. NETA isn't going to drop much below $15, and the upside potential is great -- we may go to $60 in a year's time. I view this quarter as an inflection point quarter -- it looks like earnings will start to accelerate from here. Are market position is in place, and all NETA needs to do is solve it's inventory problems and spin-off McAffee.com -- then we'll be sittin' pretty atop a market leader within a sector that will outpace most others. Just an optimist's opinion. Cheers.