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


To: AlienTech who wrote (4485)3/24/1999 11:25:00 PM
From: mrknowitall  Respond to of 6021
 
Ahhh . . . as in those who kow-tow to the likes of the inimitable Mr. Larson from time to time? Hmmm . . .

We love them when they drive the prices up and we flagellate them when they drive the prices down.

You hit it - it is a game. We are amateurs. They are pro's. The internet trading explosion merely makes the pool of suckers larger. As a percentage, those who play and win are probably much smaller than before those of us in the great unwashed masses started putting our paltry sums into the game.

Suffice it to say - caveat emptor. Know the company and the people who run it. There are far too many factors beyond the scope of our knowledge or our sources of accurate information to play against those who really do know.

If you made a ton of money off NETA, great. You did because you were lucky to have put in when the market was in love with Larson & Co. If you lost money, you were unlucky because someone with more, shall we say, "accurate" information made their moves before you and we could.

This is a game stock - it doesn't pay dividends - they live off the fat of the change in stock prices at the expense of those who pay more than it is or will be worth. Welcome to the late 90's and the immediacy of lunacy driven by the speed of trading at the mercy of information dealers.

Mr. K.



To: AlienTech who wrote (4485)3/26/1999 12:33:00 AM
From: AlienTech  Respond to of 6021
 
March short intrest until the 10th of March reporting date.

03/99 12,401,135 2,193,056 5.65
02/99 10,452,714 3,808,319 2.74
01/99 08,793,060 3,478,290 2.53
12/98 11,996,574 1,941,613 6.18
11/98 14,510,222 2,605,456 5.57
10/98 18,488,073 2,386,088 7.75

viwes.com

As the chart shows, this number must have gone way higher since the major decline had not yet started by then.

beta.iqc.com

NETA has company anyway
Rank Ticker Company Name Position
1 DELL Dell Computer Corporation 61,082,341
2 WCOM MCI WORLDCOM Inc. 26,348,201
3 CSCO Cisco Systems Inc. 17,865,766
4 PSFT PeopleSoft Inc. 17,695,396
5 ORCL Oracle Corporation 17,466,812
6 AAPL Apple Computer Inc. 17,313,923
7 INTC Intel Corporation 16,976,752
8 NXTL Nextel Communications Inc. 16,842,542
9 BMCS BMC Software Inc. 13,823,039
10 MSFT Microsoft Corporation 13,800,477
11 BAANF Baan Company N.V. 12,760,727
12 AMZN Amazon.com Inc. 12,687,450
13 NETA Network Associates Inc. 12,401,135
14 AMFM Chancellor Media Corporation 12,216,593
15 ATHM At Home Corporation 11,813,758
16 BOSTQ Boston Chicken Inc. 11,431,785
17 PMTC Parametric Technology Corporation 10,938,519
18 PLAT PLATINUM technology International inc. 10,653,739
19 PETM PETsMART Inc. 10,447,957
20 ICIX Intermedia Communications Inc. 9,851,104