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


To: deeno who wrote (3113)8/24/1998 1:13:00 AM
From: AlienTech  Read Replies (2) | Respond to of 6021
 
Looks like a lot of shorts trying to jump all over themselves due to the earnings revisions. I would have thought by now everyone knew the solly deal would be dilutive to Q3 earnings. So is this where the shorts get fried or is this where all the longs go say what? what dilution??

>>>

August 23, 1998 - Sunday
*** Our sources tell us that around 3:45pm, Friday, news broke out of brokerage squawk boxes that NETA has been contacting analysts to lower their earnings estimates on the company. Cowen was first in line and their traders were dumping all day on Friday. ****

undergroundtrader.com