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Technology Stocks : Network Associates (NET)
NET 204.36+1.5%3:59 PM EST
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To: Joanna Tsang who wrote (2304)4/4/1998 5:38:00 PM
From: Cyclops  Read Replies (2) of 6021
 
Joanna,

I checked with the Yahoo-Neta board and there was some concerns
about earnings which are coming out on April 21st. One reader remarked about a possible cup and handle formation and asked for a technical analyst to look at the charts. Earlier, I recall that there was 12 consecutive quarters which NETA beat estimated earnings.

As usual, Larson stated that he (NETA) is comfortable with the
upcoming earnings. Of course, last quarter, we beat the estimate
but special acquisition charges put us into the red.

There may be chances that NETA will beat 1st quarter estimates as
usual however acquisition charges from NETG and the recent acquisitions of smaller companies can lead to special acquisition charges for 1st quarter.

Since you were an former employee of the McAfee company and have
been long term holder. What is your feeling about Larson keeping
to his word about upcoming earnings without any surprises?
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