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


To: Joanna Tsang who wrote (3135)8/24/1998 12:21:00 PM
From: gial  Read Replies (1) | Respond to of 6021
 
I have been in and out of NETA several times, this time I am going to wait until the market digests the earnings news. But most selling should have been done already since institutions are the major shareholders of NETA. A rebound to the lower 40's at least should be in sight soon.
By the way, I thought you work during the day, I mean work in a field not relating to the market.



To: Joanna Tsang who wrote (3135)8/24/1998 12:26:00 PM
From: Cyclops  Read Replies (1) | Respond to of 6021
 
Mighty Attractive

I sold out earlier last month because I saw the market
bloodbath coming. Neta would go down regardless how
good it was going for the company.

Neta makes a pre announcement late Friday afternoon
after the market plunged 300 pts and started to recover.
I'll say that Larson timing of pre announcement on a major
down day was pretty stupid.

Young institution boys got nervous fingers and sold first
before analyzing the news.

If Neta pre announced today the stock would be trading
at 42-44.

I will have to watch Msft Ca Catp Psft before plunging
back into Neta. But Neta is getting mighty cheap.

Regards,

Cyclops