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Technology Stocks : Symantec (SYMC) - What does it look like?
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To: Kerop Kouyoumdjian who wrote (121)7/10/1996 12:03:00 AM
From: Tim Robbins   of 2069
 
I only heard about a few things, but no numbers. They said that they
are going to sunset some of their poor selling products and cut prices
on their hottest product area, which is anti-virus. IMHO I question
that strategy. In Q2 they missed their revenue estimate, which had
been lowered in Q4, and they think that lowering the prices is somehow
going to increase their revenues? HELLO!

I also heard that their announcement was not well received. Expect to
see the stock go down again tomorrow.
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