Network Associates (NET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Associates (NET)

NET 168.47

-7.7%

10:35 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Terry Davis who wrote (2352)	4/8/1998 2:53:00 PM
From: Mike V.	Read Replies (1) of 6021

TD, When you fire all of the engineering talent in Beaverton and Nashua how can that be considered a consolidation. Make no mistake about it; NETA is getting out of the performance analysis market The help desk group is Herndon was given the option to move to Calif. not New Jersey where Magic is located. If I use your consolidation argument then the Magic engineers will be moved to Calif. in the very near future. Since Magic is in the middle of a major upgrade to their product line, moving from a 16 bit code base (Windows 3.1 and/or Novell) to a 32 bit code base (Windows 95 and/or WindowsNT) the consolidation of the Magic engineering team to Calif. is unlikely. The Magic upgrade is scheduled to be completed in Q3 1998. HOWEVER, IF I WORKED IN THE MAGIC ENGINEERING GROUP I WOULD HAVE TO WONDER IF THE ACTIONS OF LAST MONDAY ARE A FORESHADOWING OF THINGS TO COME?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next