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Technology Stocks : Network Associates (NET)
NET 186.94-7.9%Jan 8 3:59 PM EST

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To: Narotham Reddy who wrote (1829)12/30/1997 9:26:00 PM
From: Dennis G.  Read Replies (1) of 6021
 
Interesting. Maybe I was wrong about the selloff not being company specific. Maybe someone dumped on leaked info last week. Really has no effect on SYMC business. Was just a denial of the injunction. Doesn't say if the case is over, but dropping the ludicrous slander suit is certainly OK with me.

I think they should both drop all lawsuits and get back to business. SYMC can compete with anyone and they're doing just fine right now. The sooner they stop spending money on lawyers the sooner that will help the bottom line.

Dennis
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