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Technology Stocks : McAfee - network mgmt and security software

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To: Joanna Tsang who wrote (34)7/15/1996 9:09:00 PM
From: Michael Burry   of 66
 
Well, technically the stock looks bad, but fact is this stock is still
up. Who knows what will happen. A PE of 50-60 leaves a lot of room
for a fall. Personally, I'm holding mine and writing calls to soften
my losses. A couple questions:

When do earnings come out? I thought it was supposed to be July 12.

What is the level of institutional sponsorship of this stock?

Something to note: MCAF is the leading producer of antivirus software
for networks, and one would have to be a fool to think this area
won't explode. My own experience with local networks is that every
one of them has had a new virus crash the system. The administrators
won't let that happen again. MCAF is the leader. To bet against
the MCAF's, the USRX's, the MSFT's, the ORCL's long term would be
very dangerous. Good luck to all.
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