SI
SI
discoversearch

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: Raymond Clutts who wrote (4590)3/31/1999 10:10:00 AM
From: AlienTech  Read Replies (1) | Respond to of 6021
 
>>Looks as though this delay has just hit the news and now blood is in the water. Let's see what the day brings. <<

What do you think is going to happen?
I mean no matter how bad you look at things, this stocks dropped over 60% in less than 3 months. I have never seen a large cap stock drop 60% especially with a P/E now under 20. I think unless there is some serious fraud here, this is one of the few companies thats a steal. Look at PSFT, said they will miss and come in same revenues as last year, its only down 1. After a while there is just too many shorts to make it go any lower and not enough sellers.

And I think the news hit the wires yesterday, which was why we saw the large sells near the close. Now NETA is +1 and looks like its still flying.