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Technology Stocks : Network Associates (NET)

NET 200.21

+1.6%

Nov 28 9:30 AM EST

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To: Chuzzlewit who wrote (2329)	4/7/1998 12:25:00 AM
From: AlienTech	Read Replies (1) of 6021

If this is true Paul we are toast.. Yikes gona do a SDTI soon.. hope you are wearing your lead underwear. With 96% owned by institutions i wonder what they will do. RE: consolidation of development long_on_neta Apr 6 1998 11:54PM EDT While this may be presented to the rank and file as a consolidation....it's not. This consolidation is based on the failure of Network General to deliver.....plain and simple. Bill has recognized the failure and is trying to save himself into the 1998 EPS estimate. Once the street understands the stock price will reflect the future value of the company...and the value is south of $60 per share. Network General took McAfee for a Billion Plus. News from Turk turk_182_SFO Mar 30 1998 2:58PM EST I hope you will be as quick to question Bill L.'s ethics when NETA misses the 1st quarter EPS target of $0.54. As of Monday March 23rd, US quarter to date sales totaled $45 million on a quota of $125 million. NETA sales management has revised the revenue goal for the 1st quarter downward from $125 million to a range between $75 and $90 million. Lots of prayers being said as well as plans for layoffs. There is weakness across all sales offices and product lines, however the major problem is in the sniffer market. The sniffer indirect channel was "stuffed" at the end of December and major inventory problems exist. The senior management team is furious with Bill L. and the comments he made on Tuesday March 24th regarding his comfort level with the 1st quarter EPS target of $ 0.54. Bill L. made these comments while he was fully aware of the revenue shortfall problem in the US. The management team now expects a shareholder lawsuit that NETA cannot win! You are now informed, do with this info as you see fit!

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