Network Associates (NET) Message Board

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Technology Stocks : Network Associates (NET)

NET 232.87

+3.1%

Nov 7 9:30 AM EST

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To: AlienTech who wrote (4059)	1/21/1999 5:42:00 PM
From: Chuzzlewit	Read Replies (2) of 6021

Still eating beans and pepper, and still holding NETA. Gang, what we're looking at here is approximately $0.70. Here's what the big deal is. If the SEC has it's way NETA's one-time charges will be reduced by $.70 per share (and its book value will increase by $.70 per share). Future earnings will decrease by around $.025 per share for the next 7 years, bringing the book value per share down by $.70. This is an accounting issue -- how best to portray the company's results -- not an operational issue! This is a matter of appearance, not substance. TTFN, CTC

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