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 195.68+1.0%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elephant who wrote (4898)4/10/1999 2:20:00 AM
From: Hectorite  Read Replies (1) of 6021
 
Much better for him to say he screwed up and knows how to fix it than to say "external forces beyond my control and understanding kept us from selling enough software".

Oh man, you said it! You are also correct about him seeming confused and unfocused. When I heard that and the other stuff about "victim of our own success" crap I knew I'd be heading for the exits in the morning. Can't believe what a moron I was for not buying puts for protection during the Feb/Mar.

I hope Bill takes the trouble to prepare a credible list of reasons and fixes for the miss before he speaks to investors again on the 19th.

Yeah, he better, and I think he probably will do the best he can. Good enough? We'll see, but the elements of the Q1 problems that were discussed on the call this week frankly sounded like the remedies are going to take some time.

I do agree with most of what you've said in your excellent earlier posts this week. I'll be watching for a re-entry point but I don't think it will be soon....and when I do, I'll be hedged!

H.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext