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Technology Stocks : Network Associates (NET)

NET 228.47

-1.9%

Nov 5 3:59 PM EST

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To: AlienTech who wrote (5956)	1/1/2001 11:18:18 PM
From: Elephant	of 6021

To Alien, regarding the puts: well, you can't get more like a 1 time charge than that. It's clearly non-recurring. Also, it may have been hedged. Also, note the reserve for it on the balance sheet, so not an income item. Clearly not a move that has been positive for the company so far, though. -E

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