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

To: Conan who wrote (5807)	11/3/1999 4:39:00 PM
From: Chuzzlewit	Respond to of 6021

Conan, whoops! Sniffing all that catnip must have confused me. (This is a feline variation of the Twinky defense!) I must have punched the wrong buttons on my calculator! Deferred revenues were $148,816MM in Sept, up from $145,791MM in June (an increase of $3,025MM. I'm checking the rest of my math right now. Thanks for the correction. Got to lay off that weed! TTFN, CTC

To: Conan who wrote (5807)	11/3/1999 4:51:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 6021

OK -- the other numbers appear to be correct. Sooo... Net cash flow from operations was a positive $19,822. I continue to be very cautious about this company. Considering the nosedive in sales compared to last year and the anemic increase in deferred revenues over the last quarter I think there should be at least another weak quarter or two upcoming. Watch the deferred revenue numbers closely (BTW, in my defense I will point out that NETA reports DR as current and long term on the 10-Q but reported it only as a single line item in their earning report.) Thanks for your patience, CTC