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Technology Stocks : Symantec (SYMC) - What does it look like?

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To: Jeff Rosenberg who wrote (320)11/14/1996 10:41:00 AM
From: Vernon W. Hui   of 2069
 
Well, Jeff, personall i would love to see 20.

but i do think that 20 by year's end might be placing too much on SYMC. I doesnt seem like Wall Street like SYMC very much anymore. Anyways, there are 2 reasons for the recent pickup in price:
1. SYMC announced that they are going to use a case-based reasoning technology from INTERERENCE to service and support its web pages. that means that beginning sometime in 1997, users of ACT!, WinFax, and Norton Utilities can use the web to get technical support.
2. SYMC entered negotiations with MSFT to license Visual Basic for Applications, to use in some future version of Norton Adminstrator Suite. Thus, the use of a shared development environment used by Office97, VB5.0, and some other 3rd party apps will offer system administrators a common set of tools to do tasks (ie. task automation), and thus save companies $$$.

Vern
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