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Technology Stocks : Symantec (SYMC) - What does it look like? -- Ignore unavailable to you. Want to Upgrade?

To: Elmer Flugum who wrote (1819)	5/9/2001 9:43:12 AM
From: jhg_in_kc	Respond to of 2069

wHAT ARE THE RISK HE IS TALKING AABOUT? Suisse First Boston Initiates Coverage of Symantec With a Buy Rating PALO ALTO, Calif., May 7 /PRNewswire/ -- Credit Suisse First Boston Technology Group analyst Todd Raker initiated coverage of Symantec (Nasdaq: SYMC - news) with a BUY rating and twelve-month price target of $81 per share. EPS estimates for FY02 and FY03 are $3.02 and $3.71, respectively. (Photo: newscom.com ) Symantec is a provider of several content and network security solutions, including anti-virus, vulnerability assessment, intrusion prevention, Internet content and e-mail filtering, remote management technologies and security services as well as the Norton brand of consumer security products. Raker and his team believe that Symantec will be a key network security player in the long-term. ``We believe that growth in Symantec's anti-virus and intrusion detection products can be sustained as the industry develops. Symantec continues to pick up market share against Network Associates and other competitors in the enterprise and consumer anti-viral markets,'' said Raker. ``Symantec's margins and capital returns are likely to improve as it offers more services into its enterprise customer base. However, the integration of Axent's highly dissimilar products and channels remains a risk.'' Raker believes his valuation is conservative even considering the Axent integration risks. ``We believe that Symantec represents a solid long-term holding based on its improving business model and market leadership.'' Credit Suisse First Boston (CSFB) is a leading global investment banking firm serving institutional, corporate,

To: Elmer Flugum who wrote (1819)	5/22/2001 12:48:31 PM
From: jhg_in_kc	Respond to of 2069

how will this afffect SYMC do you think? McAfee Shares Soar on Microsoft Deal NEW YORK (Reuters) - Security software maker McAfee.com Corp. (Nasdaq:MCAF - news) said on Tuesday it signed a strategic alliance with Microsoft Corp. (Nasdaq:MSFT - news), prompting shares of the security software firm to soar over 55 percent. Shares of McAfee, which sells software over the Internet to protect companies' data, jumped $4.50, or 55.06 percent, to $12.60 by midday on the Nasdaq. Sunnyvale, California-based McAfee said it signed an alliance with Microsoft to integrate its software -- including anti-virus, privacy, and firewall products -- with Microsoft's .Net Internet servers. In addition, the two companies will also work to integrate McAfee's software with Microsoft's ``Passport'' and ``Hailstorm'' Web-based software services