SI
SI
discoversearch

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 196.20-0.1%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Just_Observing who wrote (4316)3/19/1999 6:04:00 PM
From: Doug Fowler  Read Replies (1) of 6021
 
You say that Symantec is 1/6th or 1/7th the size of Network Associates.

Not even close.

Symantec sales are more than half those of Network Associates.

In fact, Symantec's sales for the latest quarter were $165M, while sales for NETA were (apparently) around $272M, making Symantec's sales about 60 percent of those of NETA.

Furthermore, NETA stock is still extremely expensive compared to Symantec's.

For example, Symantec has a market cap of less than $850M while NETA has a market cap of about $3.3B.

So NETA trades for 4 times more than Symantec while having sales that are less than twice as much.

If NETA comes in line with SYMC in terms of price to sales, NETA would need to fall to around $12 a share.

And Symantec has a much more reasonable DSO at around 35, while NETA's is more than twice as much.

I will agree that if they would stop their price war that both companies would be worth a lot more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News