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


To: Hectorite who wrote (5906)4/20/2000 1:25:00 AM
From: Conan  Read Replies (1) | Respond to of 6021
 
I believe the relevant number here is income from operations. This is $8.6M. If you add back in the $ McAfee.com lost you still have a number of about $15M. That is not much money to make (pre-tax) off of $204M in revenue when you are a software company that is supposed to be in a hot sector.

We won't get a pulse back in the stock price until we have relevant year-over-year comparisons. That will start happening in 6 months. If they show 30% growth in profits and revenue at that time then I will start to believe the story again.

Conan