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Technology Stocks : Network Associates (NET)
NET 182.54+2.9%Feb 2 3:59 PM EST

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To: Ojing Eo who wrote (2346)4/8/1998 12:37:00 PM
From: Mike V.  Read Replies (2) of 6021
 
>> My guess on the layoffs is there would be redundancy
>> by keeping the laid off guys and the TISX guys.

Good guess but wrong!

TISX makes firewalls!

The engineers that were fired, Beaverton and Nashua, developed performance management software.

The engineers in Herndon work on help desk software.

The layoffs are a result of knowledge and fear.

Bill finally realized that Network General is broke and he has to try to SAVE his way to a profit.
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