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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (6048)	3/8/2001 10:13:51 AM
From: ColtonGang	Respond to of 6445

VERITAS Software Acquires the Windows Consulting and Education Business Of EntireNet, LLC VERITAS Software Strengthens Its Windows Consulting Expertise MOUNTAIN VIEW, Calif., March 8 /PRNewswire/ -- VERITAS Software Corporation (Nasdaq: VRTS - news), The Data Availability Company, today announced that it has acquired the Windows consulting and training business -- including the principals and key assets -- of EntireNet, LLC, a leading information technology education and consulting company with core expertise in Microsoft technologies. This acquisition expands the VERITAS Software strategic initiative for increased focus on delivering data availability solutions and services for Microsoft Windows environments. EntireNet employees joining VERITAS Software through this acquisition will join the VERITAS Software Windows Division, a group chartered with providing specialized technologies, services and resources for Windows NT and Windows 2000 platforms. Some EntireNet technical consultants will also join the VERITAS Software Professional Services Division, a team focused on delivering enterprise-level solutions-oriented services by acting as a key business partner in the development of comprehensive solutions for VERITAS Software customers. ``EntireNet has a reputation for its unmatched expertise in Windows training and consulting,'' said Frank Artale, vice president and general manager, Windows Division, VERITAS Software. ``Its employees are some of the best-known Windows talent in the industry. By adding them to the VERITAS Software team, we have exponentially grown our value to Windows customers. Now, VERITAS Software is the single customer source for the industry's leading data availability technology, training and consulting for Windows environments.'' ``By combining its Windows technology with the consulting, training and education expertise of EntireNet, VERITAS Software is providing its customers with a deep and comprehensive solution for data availability in Windows 2000 environments,'' said Sureyya Ciliv, general manager, Partner Group, Microsoft Corporation. Working to drive the sales, marketing and engineering for VERITAS Software's Windows solutions, the VERITAS Software Windows Division is focused on recruiting and training top Windows-oriented solutions providers, on expanding the VERITAS Software technology footprint through strategic OEM relationships and on evangelizing the VERITAS Software high availability message across all of Microsoft's market segments and channels. Customer consulting, training, education and high-level Windows-specific documentation play a strategic role in these Windows Division goals. As part of the acquisition, approximately 23 EntireNet employees will join VERITAS Software. This cash acquisition will be accounted for using the purchase method of accounting.

To: Ron who wrote (6048)	3/8/2001 10:39:38 AM
From: Christopher Loe	Respond to of 6445

Picked up 10 contracts, DUDPO at 5 this morning. This market IMHO, is not going to continue to rally, if one can call this a rally at all. Just look at the put\call ratio, I think this tells a lot about how often the majority of Wallstreet is dead wrong. All my business customers I have spoken with in the last month have all told me three things: business fell off a cliff in November without warning, they recently laid off workers & they don't see a recovery until next year. In addition, an owner of a custom molding manufacturer stated that he believes we are sitting on an inflation bubble. The only prices they been able to raise to their customers in the last 18 months has been material costs, while the burden labor rate has increased along with energy, wage & insurance costs to name a few. Marginal companies will be forced out of business & all the rest will be forced to pass along the higher expenses they have been swallowing for so long. I asked him how long this could take & he said he didn't really know, but it could be two years or so. How bad will the economy get? Who knows, but I'm betting this is just the beginning. Some bank failures next? Could be. You don't turn an aircraft carrier around on a dime & neither does one turn around the economy on a dime. As I am writing this, someone else just bought what looks to be 200 contracts at 5 1/2. My typing is slow, I'm amazed at some of you on this thread, you're able to type faster than I can talk. Chris