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 : Symantec (SYMC) - What does it look like?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jk who wrote (1560)4/15/1999 4:54:00 PM
From: Just_Observing  Read Replies (2) of 2069
 
I don't think so. Look at the environment in which Symantec hit their numbers. Compaq bombs and Intel misses their revenue numbers.

Look what happened to NETA - Symantec's chief competitor. They were expected to make 287 million and ended up with 240-245 million. Look what happened to AXNT, another security vendor. Symantec's revenues grow to 175.6 million

Moreover look at the Corporate sales - up 69% from last year. These revenues are not fickle like retail revenues. Now they have a CEO who should be able to leverage his contacts to sell into the Corporate market.

I think the numbers are very good - but I've been wrong before.

Good Luck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext