Network Associates (NET) Message Board

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Technology Stocks : Network Associates (NET)

NET 193.83

+4.1%

Nov 24 3:59 PM EST

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To: AlienTech who wrote (5520)	7/20/1999 12:38:00 AM
From: Nguyen Tran	Read Replies (1) of 6021

I agree with you that this stock is up recently due to buy-out speculation. However I think NETA outlook will improve going into Q3/Q4 and definitely will be on track for good growth in 2000. I am definitely not a day trader and I have seen fantastic comeback by the likes of SYMC, CHKP from their lows during difficult transition period if one has the patience. I believe that NETA will come back due to a combination of things: 1. NETA business model is in transition to corporate E-commerce by providing a complete Enterprise network security solution. 2. MCAFFEE.COM will go IPO. 3. NETA added Toressi (a veteran pro) to the board of directors who will help NETA to position itself as effective strategic partner to large corporations. 4. NETA is still way off its 52-week high of $67. 5. NETA will continue to attract speculation on takeover as long as its market cap is low. 6. NETA is focusing on clearing up their inventory issue in Q2 and will quickly put this behind them. 7. If Q2 number does not look that bad on Wednesday, look out for this baby to take off!!!! Good luck!

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