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

To: JustInTime who wrote (5117)	4/21/1999 8:17:00 AM
From: Danimal	Read Replies (1) \| Respond to of 6021

From CBS MarketWatch: "Some of these companies have real businesses and real prospects," said Michael Bourne at Reaborne, Finsbury Technology Trust. Bourne, who invests in European and U.S. Internet stocks, is holding out hopes for California software company Network Solutions (NETA: news, msgs), whose shares lost almost 30 percent of their value in a day after a slew of brokerage downgrades and poor prospects for the computer virus fighter. "Put it this way; we were buying it yesterday," said Bourne. "The company is really biting the bullet and couldn't possibly disappoint from here on out." Bourne said Network Associates has about $800 million in cash, or about half its $1.6 billion market cap. Link: cbs.marketwatch.com