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Technology Stocks : Network Associates (NET)
NET 197.10-1.2%Dec 31 3:59 PM EST
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To: John Carragher who wrote (1844)1/4/1998 7:48:00 AM
From: John Carragher  Read Replies (1) of 6021
 
Some notes from today's la times

Smith also likes BMC Software (BMCS), whose products manage databases on
mainframes and huge computer networks. The company has recently told analysts it will
meet sales expectations for the quarter ended in December. Two others Smith likes:
EMC (EMC), which makes data storage software, and Network Associates, the
company that was formed by the merger of McAfee Associates and Network General.
Network Associates makes anti-virus computer software that will be needed even if the
Asian or U.S. economies tank, experts say. It's pricey at 31 times estimated 1998
earnings. But earnings are projected to grow 39% this year.
Steve Colton, manager of the Phoenix Growth & Income Fund, also is a fan of
Network Associates. "That's the kind of thing people would still be spending money on,"
he said.
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