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

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To: bluejeans who wrote (1567)4/15/1999 9:16:00 PM
From: Michael Hwang  Read Replies (1) of 2069
 
Lowered estimates?

Not sure what you mean by that. Given NETA's pre-announcement, I was suspecting that SYMC could have been hit a lot more this Q.

Also factor in that the Melissa thing hit just at the end of the Q. I think that could be very favorable for next Q, as a lot of small and midsize companies and individuals still don't consider virus protection as an essential part of their standard practices.

How the market reacts short-term, ah who the hell knows. Don't forget we were at 17 a very short time ago. But the technical downslide has been decisively trounced.

Good luck,

Michael Hwang
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