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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?


To: incomep who wrote (5532)7/21/1999 9:15:00 PM
From: Just_Observing  Read Replies (2) | Respond to of 6021
 
If I may add a few other questions

1. What is the level of DSOs now? They used to be around 90 days.

2. Has the channel been completely cleaned out? When can we return to around $250 million a quarter revenue rate?

3. Why is NETA losing so big in the retail channel? Apparently SYMC's share grew by 140% from last year in the US AV market. The roles have been reversed. Last year NETA was outselling NAV by a wide margin.



To: incomep who wrote (5532)7/22/1999 1:38:00 PM
From: Edwarda  Read Replies (1) | Respond to of 6021
 
It has announced a stock repurchase program of up to $100,000,000 months ago, are there any shares buy back this quart?

The CFO has said publicly that no shares would be repurchased until the company is cash flow positive.