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Technology Stocks : Network Associates (NET)

NET 248.11

-2.0%

Nov 3 9:30 AM EST

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To: Hectorite who wrote (5906)	4/20/2000 1:25:00 AM
From: Conan	Read Replies (1) of 6021

I believe the relevant number here is income from operations. This is $8.6M. If you add back in the $ McAfee.com lost you still have a number of about $15M. That is not much money to make (pre-tax) off of $204M in revenue when you are a software company that is supposed to be in a hot sector. We won't get a pulse back in the stock price until we have relevant year-over-year comparisons. That will start happening in 6 months. If they show 30% growth in profits and revenue at that time then I will start to believe the story again. Conan

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