Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (5581)	7/24/1999 8:12:00 AM
From: Charlie Smith	Read Replies (1) \| Respond to of 6021

Chuzz: The real issue was the fact that sales dried up, and that Larson repeatedly lied. And all of the digging in the world wouldn't have unearthed this disaster because it was a loss of customers that triggered the debacle, and we investors were not warned in advance by the company. As usual, you're right on the money. It's not necessarily management's duty to warn, but certainly not to obfuscate. Management did everything it could to cloud the real issue - the backup in the channel during calendar 1998. I'm also finally rid of this one. Nobody will convince me that network security will not be a HUGE business down the road, particularly with the entire industry model shifting toward inter/intranet server based applications, but you have to trust management first. Thanks for all your incisive posts. Charlie