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


To: Chuzzlewit who wrote (3099)8/21/1998 3:30:00 PM
From: AlienTech  Read Replies (1) | Respond to of 6021
 
DOWN 7 to 37 1/2, so whats crazy about that?



To: Chuzzlewit who wrote (3099)8/24/1998 2:03:00 PM
From: SHUBLU  Respond to of 6021
 
We dont need to get in a pissing war, I respect your views on NETA.

True to my point on Aug 7th when the stock had been in the $43 range the day before when you had posted your"insane" comment, that the stock would hit 50 again within 30 days, it traded in the $49/$50 range within a week...the market caused pressure for sell off and it backed off...NETA is a stock that will trade in the 40-50 range until wall street is comfortable with the acquisitions being absorbed and or the market takes off again (for more than 1 day)

You call it insane I call it trading range...(buy low sell high)-buy today at 40 and sell at 42 on the next move up...5% is not bad...

Good Luck!

SHUBLU