To: Sultan who wrote (1200 ) 11/29/2000 11:33:57 PM From: John Ritter Respond to It appears to me that the 'economy' abet, the new post cold war economy has 'tanked'. The threads that I monitor seem to be indicating free fall especially in the techs. Thus we are most likely near bottom. It seems to me you can now buy solid tech stocks with much better bottom lines than over the last several years at prices unimagined even this time last year. The question is quality, the hyped players are much to risky today, however, it would seem that NEON 'is a good company' and while I would certainly like to buy it at the bottom, $5 seemed pretty good. That said, today' small gains could easily evaporate. But $5, who would have believed at $90? I hope that anyone who reads this listens to NEON's last conference call, if we are right, and they are as honest as they sound, then the equity for produce exchange makes good business sense. What is especially interesting is that it took several weeks for the analysts to 'discover' this information buried in their 10Q, then the stock tanks from $20 to $10 when the technical indicators were in an uptrend, the next 50% wack was the general market, if in fact NEON is 'special', and they sure had enough followers this last year, then one might conclude, as did management with the announced buyback, that $5 was a 'stock bottom' somewhat disconnected from the general market, but not the economy.
