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

To: AlienTech who wrote (2251)	3/24/1998 11:45:00 PM
From: Richard Haugland	Read Replies (1) \| Respond to of 6021

AT: I am sure you will remember (painfully) that JBIL "met its numbers for the quarter (exceeded them by a penny) and now sits at 32 rather than 55. Chairman and Chief Executive William Larson said the acquisition would be non-dilutive to earnings and would not change the company's guidance to analysts on earnings estimates adding that he is "very comfortable with analysts estimates for earnings. We have no change in guidance for the quarter." Fortunately I got out of JBIL just before the collapse and sold 3k of NETA today at 65 1/4, 65 7/8 and 66 1/4 (but still have some left). However NETA remains a great day-trading stock if one can guess the right direction or avoid too much emotion.