Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chuzzlewit who wrote (4154)	2/3/1999 11:00:00 PM
From: mrknowitall	Respond to of 6021

Oh venerable one (Chuzz), your comment about being vulnerable to rumors seems to validate my assessment that the value of the stock is more attributable to the analyst's infatuation (or conversely, agitation) with the emperor and his clothes, as in, Bill Larson. No other mitigating factor seems to have causality, IMO. No matter what changes occur, no matter who comes and goes on the senior management staff, the market manipulators are seemingly blinded by the brilliant light of El Supremo. They have little stick-to-it-iveness, though, and so we see what I call the slinky stock - it moves down the steps, then someone(s) pick it up and carry it back up to the top of the stairs and they make big $$$ watching it go down again. Mr. K.

To: Chuzzlewit who wrote (4154)	2/3/1999 11:40:00 PM
From: deeno	Read Replies (1) \| Respond to of 6021

Excellent point. I believe soundview used financial concerns as a reason for their slight downgrade. Merrill used it as a reason for their reiteration of a buy. Most of the short bear cases are in regards to financial shenanigans now "proving " to be true. As a matter of fact I cant remember 1 single comment or article about the company that has not referenced this SEC letter issue as either cautionary or a speed bump on the way gorilla narvana since the SEC letter was first mentioned. The stock has dropped in almost a straight line since Joanna's stupid brokerage company sold out her stock ;-). You have another reason for this particular drop? Actually I'm more in your boat as far as a fundemental view of their financials. I have chosen to believe that this letter is a short term problem, I've ignored most of your concerns regarding the "True" financial picture sin mergers. I have focused on what I believe will become a bigger industry of security services. The pie should get bigger especially when ERP portal companies start accessing internal data on the web, intranet etc. Everyones comments of software suitability and your particular interest on the TRUE fundamentals has helped me create a good core position and at the same time let me trade stock from time to time. I truly appreicate your input. Finally its still a good time to make a decision either way. Cant think of one reason not to short it, buy it or go long real estate. Just do It!