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


To: Harp who wrote (4302)3/18/1999 11:16:00 AM
From: jim detwiler  Respond to of 6021
 
according to bloomberg it is a downgrade from sb to buy
and a article in btn (ever heard of it) about aggressive acquistions
buying opp



To: Harp who wrote (4302)3/18/1999 11:17:00 AM
From: Taby  Respond to of 6021
 
I think somebody got tired of waiting for SEC results. Maybe that combined with the option expiration triggered selling.



To: Harp who wrote (4302)3/18/1999 11:18:00 AM
From: Thai Chung  Respond to of 6021
 
Network Assocates Cut to 'Buy' at BancBoston RS


Princeton, New Jersey, March 18 (Bloomberg Data) -- Network
Associates Inc. (NETA US) was downgraded to ''buy'' from ''strong
buy'' by analyst John F. Powers at BancBoston Robertson Stephens.
NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.



To: Harp who wrote (4302)3/18/1999 11:22:00 AM
From: AlienTech  Read Replies (1) | Respond to of 6021
 
no news on tape yet, but sellers are under bidding the buyers and blocks buys are being taken out and shot. Wonder if the news is really that bad or someone is trying to panic people with such a large drop. Now @ 33.

How can a downgrade drop it 25% in a day? especially when it already fell from 50 to 40.



To: Harp who wrote (4302)3/18/1999 11:34:00 AM
From: William F. Wager, Jr.  Respond to of 6021
 
DOWN 7 5/8 to 33 1/2... BB Robertson Stephens downgrades to buy from strong
buy.

-0- NETA $$$ (0659) 03-18-99 11:26 AM EST