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

To: John Parillo who wrote (4834)	4/8/1999 11:39:00 AM
From: hitesh puri	Respond to of 6021

As low as 12-13. Never underestimate the lack of faith of a fund manager when a stock he has is down 50%. These guys and their "I have to show returns every quarter else I get no bonus" theory has made them sell stocks many times close to book value. For example : Look at the charts of semi equipment stocks for 98. Today they are tripping each other to buy the same names at prices 300-400% higher. Simple reason is that it aint their money. Not saying that NETA can go down to $3 but low teens is very possible. -hitesh