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

To: Network Pukka who wrote (1193)	11/28/2000 10:36:21 PM
From: wolfdog2	Respond to of 1222

Network, my hunch is that neon has gotten caught in the cross hairs of tax loss selling and institutional window dressing. For many funds, November 30 is the end of the year. And what's in the portfolio as of that date is what investors will see. Fund selling should abate by week's end. Tax loss selling could continue right through the end of December. Remember at its high, the stock was almost 20 times tonight's closing price. Meanwhile, the share buyback announced this evening could help stabilize the price. The stock might even recover today's loss plus a bit.