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

To: Joanna Tsang who wrote (3565)	11/18/1998 9:52:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 6021

>>Anyone have any idea why this stock made a dive at the last hour? No clue on my front. Just a intraday chart...<< Well obviously he posted just as it happened, could be a coincidence? following analyst's recommendations by: khachat 2421 of 2423 you can get broke very soon. Actually I covered long ago so I am only interested in NETA as competitor of CHKPF where I have a huge long position. The thing that really worries me in NETA, tell me if I am wrong is the way they handle acquisitions. In acquiring software companies, the single most valuable asset are the software engineers of the acquired companies which created the products that NETA is going to use. But strangely enough NETA fires most of the people in the acquired companies and most of those who are not fired leave, so what does NETA get for their money in the end? As the result future R&D is affected, customer service degrades although a lot of money is spent. May be there is some reason behind their behavior which I don't understand?

To: Joanna Tsang who wrote (3565)	11/19/1998 11:29:00 AM
From: David Rubin	Read Replies (1) \| Respond to of 6021

Market makers were probably trying to clear some stops. The stock has been consolidating nicely over the past few weeks on lower volume. This is a good sign in general, but with the NASDAQ racing ahead you would expect NETA to do a little better. Still, there is no need for concern yet. Ideally NETA will bust ahead by 2-3 points or more on big volume soon, clearing resistance at 49 and setting the stage for a rally to new highs. But if instead it makes a move to the downside on above average volume it would be a bad sign, possibly precluding a move back to 40. It's certainly a fun stock to watch...