Network Associates (NET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Associates (NET)

NET 205.76

+2.4%

Dec 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chuzzlewit who wrote (5641)	8/7/1999 1:41:00 PM
From: Edwarda	of 6021

Hi, Chuzz! Surely you are not expecting me to defend Billy the Kid?! I have to check on this, but as I recall, A/R for the quarter were $199 million, down from $203. The $32 million charge had to to with one large European distributor. Inventory in the channel supposedly is down to 8 to 12 weeks, still a bit heavy IMO but a vast improvement from the first quarter's 4 to 5 months! (laughing wildly here) the company expects to get DSOs down to 100 in the third quarter. My best estimate for this year (fingers crossed and thanking the heavens that I don't own this puppy) is a loss of about 50 cents.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next