Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Joanna Tsang who wrote (4674)	4/6/1999 2:22:00 PM
From: Jim Fraser	Read Replies (1) \| Respond to of 6021

26 3/4....Next stop ?

To: Joanna Tsang who wrote (4674)	4/6/1999 5:36:00 PM
From: Brian H.	Read Replies (1) \| Respond to of 6021

Joanna, I spoke with a very close friend at NETA today and asked if and when they might pre-announce, and he told me that they can not say a thing until the SEC investigation is over. Regardless of what anyone here thinks, and regardless of what really is going on at NETA, they by law, can not make any statements. Take that for what it is worth, but that being said, I do not think anyone can concur that they are having major troubles and do not want to say anything. Now, that being said, Who knows what is going on except that we had a huge batch of selling today. It is interesting that someone posted earlier in the morning that there was a lot of PUT activity going on. One has to wonder if an institution doesn't go out and purchase a large amounts of PUTS and then dumps a huge block of shares, and causes the sell off like we saw this afternoon. Just speculating, of course. I jumped in at the close, so I would assume that we are going lower. Whenever I buy, the stock always moves lower, so for that I am sorry. Feel free to blame the continued fall on me. I just couldn't stay on the sidelines any longer for this one. Brian H.