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

To: AlienTech who wrote (4915)	4/13/1999 2:21:00 PM
From: Just_Observing	Read Replies (1) \| Respond to of 6021

Yesterday CSFB declared Network Associates price "Attractive". Sorry, I posted earlier that they issued a buy. Just got the headlines for NETA and could check the headline. BTW, NETA is melting away again. If it sets a new low, the people who bought below 20 will start bailing out. Further weakness in the stock will only provide more fuel for the lawsuits. The options price are falling even faster. The Jan 2001 15 calls are going for 7 1/8 bid and 7 5/8 asked. Yesterday, they were going for 8 3/4 or 8 7/8 asked. These options are very inexpensive. Even a 5 point move in NETA in the next 6 months will provide a 50 to 75% return on this option. Or one can establish a 5 point or 10 point call spread for just pennies.