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


To: j.oil who wrote (4609)4/2/1999 1:44:00 AM
From: AlienTech  Read Replies (1) | Respond to of 6021
 
>>Thankyou AT this looks very impressive.<<

No it is totally pathetic.

These past few years have been a real learnings experience about the market, mostly just how powerful and organizsed the shorts really are. I was just reading the report on the worst performing stocks, COMS was like #2 and they missed estimates and warned but still not enough to drop the company in half which is rather excessive. The #1 worst performer on the nasdaq 100 was NETA, Now this company has had 28 quarters of beating expectations, has the longest running quarter to quarter growth in the industry, I dont think even dell or emc or sunw has done that, is like the #1 or #2 in their field. Is followed by almost 19 analyists and 9 with strong buys and 6 with buys and 3 holds. The looses 60 % of its value in under 3 months. And a day before the unveiling of their biggest product launch ever in their own named stadium they get the award.
And the best thing in all this is, the company has not warned or announced lowered growth or earnings projections, they kept reiterating they stand by previous projections. But with skum like Fat herb trashing the company every chance he gets in print and his media appreances like on CNBC.. Reminds me of the crap they put out on VVUS last year.