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Technology Stocks : Symantec (SYMC) - What does it look like?
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To: Ilya A. Vasserman who wrote ()7/15/1996 1:23:00 PM
From: Lee Powell   of 2069
 
Great company, great products, revenue lighter than the street
expects = lower earnings = lower stock price. The stock is on its
low currently @ 9 5/8 bid - 10 offer, traded 182,000. Appears to
have stabilized but the tech markets problems continue.

Windows NT should be huge for SYMC - Win 95 is a loser on the
corporate side, winner with individuals. When companies begin
changing their systems, they will be in a Win NT environment which
SYMC is position to take advantage of.

I haven't seen earnings estimates changes since the company forecasted
that Q1 rev is going to be flat with last year. First Call consensus
estimates were .20 for Q1 and $1.09 for the Mar 97 year and $1.29 for
the March 98 year - I'm certain they are down from there.

What are you hearing?
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