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


To: guido leone who wrote (3861)12/30/1998 12:12:00 AM
From: AlienTech  Respond to of 6021
 
Well unless we know if they were buys or sells we cant make anything out of it. I did see a block buy around 57 for 250k or so. Makes me think they would have done some DD before spending that kind of money. But i did notice 2 days ago someone sold 500 JAN 65's so they must expect it to close under 70 or so by JAN 15th. The 500+400+250 JAN 60 puts went for 1 7/8 but looks like they were sold.

The 500 JAN 2001 @ 8 1/8 were buys. So were the 200 JAN 45's. But who would want to buy puts 2 years ahead??

Well looks like some fund is trying to gain a few extra bucks by making money off the option specialists.



To: guido leone who wrote (3861)12/30/1998 12:31:00 AM
From: Joanna Tsang  Read Replies (3) | Respond to of 6021
 
Hey, guys!

I got news for 'ya...my sell order DID go through! ALL of my NETA stocks are sold and put in the money market account!!! I just didn't get the call that I sold 'til about an hour after I made that last posting.

Yeah, I'm concerned about my taxes in April, but it's still better than waiting for this thing to go back up again. This monkey is finally off my back. My hubby and I can FINALLY get on with our house hunt!!! (No Silly Valley palatial, but at least I'll have a house!!!) :-)

I got the posting on Yahoo on this thing about negative growth. Now that makes more sense as to what's going on...

biz.yahoo.com

(First paragraph!)

WHAT NERVE!!!! But that's business for you... That would also explain NETA not explaining the situation and just let the thing run its course.

Anyone of your guys wanna comment on this one??? I did noticed a slight upward trend toward the end of the day...something tells me someone at NETA addressed the issue...

Cheers,
Joanna