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: Spect who wrote (4329)	3/18/1999 5:17:00 PM
From: Robert Scott	Respond to of 6021

I have been involved with company's whose stock price drops like this before. Tomorrow and Monday will be key. If the stock does not bounce significantly tomorrow and hold it & if on Monday it closes lower than today, it will go further down - usually about 25% from today's close before it stabilizes - i.e price around $25. On the other hand, if it bounces tomorrow and is able to hold on Monday, then there's a good chance that we've seen the low for awhile. This is a pattern I've observed with good companies such as CA and others. Point is, if you are going to take a position because you think this is all caused by hyper analyst's, then perhaps a 1/2 position is best. I must say, however, that this stock has not been behaving well at all before this and I would be lery even at this price.