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

To: Edwarda who wrote (4338)	3/18/1999 9:27:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 6021

>>I am perplexed a bit. The downgrade appeared in the morning--no problem there; It has to do with timing and the mechanics of firsr Call. The text on First Call, which is a source for institutions, did not appear unti the afternoon. Now this is typical of Robbie Stephens's sloppiness.<< Nothign perplexing. Stephens's sold last week. That was the spike in volume that took us from 51 to 44. Remember the one day with the 6 mil volume? They sold out the rest the past few days and only the shorts were out this week, so they already knew. Some stats, sold-bought Traders 8090K, 7190K. Funds 3590K, 4280K. Bear Sterns 640k, 840k Schwab 190k, 3050k Etrade 280k, 1520K SureTrade 350k, 1470K Smith Barney 530k, 520k Morgan Stanley 330k, 40k H&Q 350k, 190k First Boston 280k, 80k Merryl Lynch, yea olde discount etc and the others were all buys in the 100-200k's.. As you can see most of the selling were traders, I would think a lot are still short. Funds and individuals were buying. Or A lto of peopel are now holding shares in their schwab account or they were short big time. Oh stefie 390k sold and 130k bought.