RE--security software market.
All kinds of tech stocks are getting hammered. The Internet-related stocks are flying high, and the big-cap leaders of some other sub-sectors might be strong, but there are plenty of tech stocks that are doing lousy, not just the security software market (chkp axnt neta issx scur). SAP, IFMX, etc. etc. etc.
Is there a need or market for the products these companies make? Sure. But what the companies will earn, and what the stock prices will do is a guessing game.
Sorry I don't have a better answer to your question on the security software group. But Wall Street blows hot and cold. Anybody who could read the tea leaves reliably could make an absolute fortune. As I keep saying, that's one reason why insider stock options are so popular. If you don't know what the stock will do, load up on stock options. The more options the better. And that's the trend in the real world today. More and more options are being granted.
Regards,
Larry
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bloomberg.com
Bloomberg Online: U.S. Equity Preview
U.S. Equity PreviewTue, 6 Apr 1999, 10:36pm EDT-- The
following is a list of companies whose shares may move in U.S. markets Wednesday,
April 7. U.S. Equity Preview includes news that broke after the markets closed.
Tuesday's closing prices are included. The stock symbol is in parentheses after the
company name.
Data Dimensions Inc. (DDIM): The computer-consulting company expects
first-quarter earnings of 9 cents to 12 cents a share, below the 21-cent average
estimate of three analysts polled by First Call, because of costs associated with a
reorganization. Data Dimensions fell 5/16 to 4 1/8.
Symix Systems Inc. (SYMX): The maker
of software for manufacturers said it expects fiscal third-quarter earnings of 9 cents to
11 cents a share because customers are focusing on making sure their computers don't
malfunction next year instead of buying new software. The company was expected to
earn 13 cents a share, based on the average estimate of seven analysts polled by First
Call. Symix fell 3 1/4 to 10.
© Copyright 1999, Bloomberg L.P.
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