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

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To: Wallace Rivers who wrote (1905)12/14/2004 6:06:16 PM
From: Larry S.   of 2069
 
Be careful of trying to trade the dip. I am a long time owner of SYMC and yes, i did nibble today on some trading shares. But the street is obviously concerned that the acquisition of VRTS would do at least the following two things:
1. slow the rate of growth that SYMC has experienced. VRTS's business just doesn't grow anywhere near as fast as SYMC.
2. The risks and history of large software mergers throws a note of caution. Integration of two diverse companies usually take quite a bit of time and drags down the performance of the combined entity.
OTOH, the assets that VRTS would bring to a combined company have great potential for the future, its the short term that i am concerned about. larry
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