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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (71507)	5/23/2001 2:56:29 AM
From: Jay Fisk	Respond to of 122087

Looks like McAfee's (MCAF) 54% runup yesterday was a feeding frenzy for the fish.... This runup was jacked by CNBC all day.... The mini-conference call at Bloomberg was hype... no financial details, no exclusivity... Check this: theregister.co.uk Investors mis-interpret McAfee/MS .NET deal By: Thomas C Greene in Washington Posted: 23/05/2001 at 03:52 GMT A mass delusion about the significance of a press release swept through Wall Street Tuesday, driving shares of anti-virus outfit McAfee up more than fifty-four percent on news that the company would integrate Microsoft .NET technologies into its ASP (Application Service Provider) services. The 'strategic partnership' announced means simply that McAfee customers will be able to use their MS Passports for authentication, and that the company will avail itself of future .NET bells and whistles such as Hailstorm. Nevertheless, euphoric investors pumped McAfee shares up $4.40 to $12.50, as if they imagined the deal to have awarded the company a contract to provide anti-virus services for the .NET initiative. A story by Yahoo News carelessly absorbed this misunderstanding, and serves to illustrate it nicely. "McAfee said it signed a deal with Microsoft to integrate McAfee software -- including antivirus, privacy, and firewall products -- with Microsoft's .Net Internet servers," Yahoo says superstitiously. "In addition, the two companies will also work to integrate McAfee's software with Microsoft's 'Passport' and 'Hailstorm' Web-based software services," the story dribbles on. The implication there is that McAfee software or services are somehow going to be useful to the .NET scheme, but nothing could be farther from the truth. According to our sources, MS isn't even using McAfee software on its own servers; and certainly it hasn't chosen them as the security provider for .NET. But Hotmail users can avail themselves of a free McAfee scan of suspicious, e-mailed files, so investors may have had the Hotmail service in mind as an example of what the new deal would imply for Passport and .NET. In fact, there's nothing in Tuesday's announcement that expands Microsoft's use or integration of McAfee products, so the sudden stock boost really is a freebie. "If I was a McAfee exec, I'd be cashing out my options today," our source quipped. And perhaps, after a good night's sleep, yesterday's investment enthusiasts will follow suit. ®

To: Anthony@Pacific who wrote (71507)	5/23/2001 11:05:49 AM
From: Sir Auric Goldfinger	Read Replies (3) \| Respond to of 122087

SHOO US $ [Q] Trading Halt:Quotation Cancelled Equity C N 08:04 CGO US Equity LAST ( 24.900) > 24.000 WIRE TIME Most Recent Item from: DJI Received: May/23 7:54 Page 1 1) DJN 7:53 DJ Steve Madden/Guilty -2: Had Stepped Down As CEO >SHOO 2) BN 7:52 STEVEN MADDEN SAYS MADDEN MAY RETURN AFTER ANY TIME SERVED 3) DJN 7:52 DJ Steven Madden Postpones Annual Meeting Until July 10 4) BN 7:51 STEVEN MADDEN'S MADDEN REMAINS DESIGN CHIEF UNTIL `DEPARTURE' 5) BN 7:51 Women's Shoe Designer Steve Madden Pleads Guilty to Stock Fraud 6) BN 7:50 STEVEN MADDEN PLANS TO AMEND PROXY STATEMENTS :SHOO US 7) BN 7:49 CORRECT: STEVEN MADDEN'S MADDEN TO RELINQUISH ROLE AS OFFICER 8) DJN 7:49 DJ Steven Madden: Madden Won't Stand For Brd Reelection 9) BN 7:49 STEVEN MADDEN'S MADDEN REACHES SEPARATE AGREEMENT WITH SEC 10) BN 7:48 STEVEN MADDEN'S MADDEN MAY RETURN TO COMPANY 11) DJN 7:48 +DJ Steven Madden's Steve Madden To Relinquish CEO Role 12) BN 7:47 STEVEN MADDEN LTD. POSTPONES ANNUAL MEETING TO JULY 10:SHOO US 13) BN 7:46 STEVEN MADDEN SAYS MADDEN WON'T STAND FOR BOARD REELECTION 14) BUS 7:45 Steven Madden, Ltd. Announces Management Change; CEO Settles 15) BN 7:43 TRADING HALTED: SHOO (NASDAQ)-NEWS DISSEMINATION :SHOO US 16) DJN 7:42 DJ Steven Madden Ltd (SHOO) Halt: Dissemination. Last 15.00 17) BN 7:37 MADDEN PLEADS GUILTY TO STOCK FRAUD IN U.S. COURT IN NEW YORK 18) BN 7:37 WOMEN'S SHOE DESIGNER STEVE MADDEN ADMITS SECURITIES FRAUD 19) DJN 7:37 +DJ Shoe Mogul Steve Madden Pleads Guilty To Stock Fraud