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


To: John Ritter who wrote (1195)11/29/2000 8:39:05 AM
From: Swami  Read Replies (1) | Respond to of 1222
 
Just in case folks missed it, NEON announced a stock buy-back program after the close yesterday. Should mean something--expression of confidence, insiders saying stock's a bargain, etc. I bought yesterday and am buying more. A triple should be no problem during the market's next embrace of technology.
SWAMI



To: John Ritter who wrote (1195)11/29/2000 8:03:36 PM
From: Susan Saline  Respond to of 1222
 
john ...
is there going to be a more tax selling and margin calling soon?
most every hundred dollar stock is near 5 bucks or near one now
the moves were fast from 5 to one buck

for many "N" naz stocks

it's very sick market ... churns my stomach

keep stop losses on tec now

as how many others can fall to a dollar now?



To: John Ritter who wrote (1195)11/29/2000 9:22:36 PM
From: Sultan  Read Replies (1) | Respond to of 1222
 
A typical software or tech company, profitable, growing will trade on average around 3 time revenue.. Some that are considered special for one reason or another will command much higher multiples.. Today, this sucker is trading one time revenue.. Unless you think economy is going to tank, I would say 20-40 over next 6-12 months should be feasible..