Symantec (SYMC) - What does it look like? Message Board

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

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To: Harry J. who wrote (1700)	3/7/2000 11:14:00 AM
From: Roadkill	Read Replies (1) of 2069

On behalf of myself and all the other lurkers on this quiet thread, thanks for recapping. Lately, there's really been no reason to post. Things look great. In particular, I understand that the firewall product is blowing off the shelves. I agree that the retail space is tough, but Thompson is doing this right: He is engaging in heavy competition to get the customer in the store to buy Norton. Once the customer is hooked on Norton, the customer can purchase updates online (95%+ gross margins) or download other Norton products (AV, firewall, ghost, etc., all with comparable huge gross margins if downloaded). JT is trying to turn SYMC into a 90%+ gross margin business, and my bet is that he will succeed as broadband downloads become more commonplace. My earnings model projects 25% net margins within 3-5 years. So long as JT can keep the top line growing, I suspect SYMC will be a monster. All JMHO, of course. RK

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