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Technology Stocks : New Era of Networks (NEON) -- Ignore unavailable to you. Want to Upgrade?


To: ---------- who wrote (200)11/29/1998 3:06:00 PM
From: lindalib  Read Replies (1) | Respond to of 1222
 
I understand...I'd wish you luck if you needed it. Buying in the teens was a good move. When to sell it is the question.



To: ---------- who wrote (200)11/29/1998 3:29:00 PM
From: lindalib  Read Replies (1) | Respond to of 1222
 
By the way, a couple of the VP's have exercised their option to buy almost 60k shares...you have to have the shares to sell 'em. The Director also sold 10k (almost a third of his holdings) in September...bet he's kicking himself now, but you can't blame his timing. I bet he wasn't logically expecting a run like this. I'm sure he had a good idea of what earnings were going to be and of any negotiations with IBM at that time but did not realize what the current buying-happy market was going to do with that news. But runs like this pump the price up to precipitous peaks, which is where NEON now teeters.