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


To: Edwarda who wrote (4341)3/18/1999 10:10:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 6021
 
The fact of the matter is that if one buys following the tanking after a downgrade and sells shortly after an upgrade, they will consistently do better than the reverse.

I NEVER CALLED IT A CONSPIRACY, I even noted that they are quite open about it. From a purely selfish point of view, I would love to have one of these buy ops every gd day of the week. So don't sit there saying I'm griping. NETA is a great roller and a hell of a lot safer now from the mid 20s to the 30s than in the 40s

I was just trying to show a glint of empathy for the poor people that seem to buy in to everything the highly experienced and educated street experts shovel.

And please don't expect us to show pity for the poor analysts. They are compensated quite nicely for the strenuous tasks they are asked to perform.

TG



To: Edwarda who wrote (4341)3/18/1999 10:48:00 PM
From: AlienTech  Respond to of 6021
 
>.I, for one, knowing how the industry works from a life time of observation and talking to friends in the industry, am heartily sick of "demon theory" postings.<<

its a good thing I belive other wise enough to not buy it when it came back down to 44 or 42 or 40. I did load up today again at 34 or so. Ofcourse I also had calls for the APR 50's just in case I was true beliver like yourself. And its a good thing no one listned to me and sell at 45 or so.

But after all is done, I just lost respect for Mr.powers after seeing that Banka Boston did not sell a heck of a lot of shares today after being a patsey for the short setup. He dosent not look like a fool... yet, but they sure are laughing and toasting to err at him.