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Technology Stocks : Network Associates (NET)

NET 233.04

-6.1%

3:59 PM EST

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To: Conan who wrote (5807)	11/3/1999 4:51:00 PM
From: Chuzzlewit	Read Replies (1) of 6021

OK -- the other numbers appear to be correct. Sooo... Net cash flow from operations was a positive $19,822. I continue to be very cautious about this company. Considering the nosedive in sales compared to last year and the anemic increase in deferred revenues over the last quarter I think there should be at least another weak quarter or two upcoming. Watch the deferred revenue numbers closely (BTW, in my defense I will point out that NETA reports DR as current and long term on the 10-Q but reported it only as a single line item in their earning report.) Thanks for your patience, CTC

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