Gee, I guess this happens when there are five major players in the segment and one company buys 2 of them! (5 players: NETA, SYMC, QDEK, SOLLY, CYBR - now only NETA, SYMC, and QDEK remain). Considering that NETA got rid of everyone (okay, maybe there's 10-15 people left) at CYBR, and that SOLLY folks are basically gone or leaving, AND that NETA will be either discontinuing those products entirely or absorbing them into existing NETA technology, let's see what happens as the months go by. I'd say the jury's still out on this one. Pun somewhat intentional! ;)
Don't let press releases lead you around by the nose ring. After all, Symantec's spin on the same data makes it look pretty positive for their position, too.
Symantec Continues to Lead U.S. Retail Software Market
symantec.com
Just a little perspective check. :)
As for the stock price - chances are the big institutional investors had figured out the possibilities of a large earnings shortfall in advance. The stock price fell accordingly in the days preceding the press release. This happens all the time. Prices rise or fall in advance of earnings reports and then tend to level off once the reports are released. BTW, anyone have any indications on what NETA's numbers might end up being? |
