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

To: jhg_in_kc who wrote (1834)	6/14/2001 1:59:00 AM
From: Roadkill	Respond to of 2069

Don't fret the short-term swings so much. This is triple-witching Friday. Additionally, the shorts could be just jerking our chains to shake out the weak hands while the NAZ consolidates. If we break 50 on volume, I'd become a little concerned. Otherwise just stay off margin until the breakout to new highs and you'll probably be fine. For the first time, SYMC is now bigger than NETA, both in terms of market cap and in projected sales this year. From the looks of the PR flowing from NETA, this apparently makes them a little defensive. It appears to me that JThompson continues to do a great job. IMHO, he is one of the best tech CEOs around, and the long-term outlook for SYMC remains excellent. Have held SYMC for a while now, and don't plan to sell for at least five or so years unless a massive fundamental change occurs. RK

To: jhg_in_kc who wrote (1834)	6/14/2001 6:43:47 AM
From: Wallace Rivers	Read Replies (1) \| Respond to of 2069

``We should grow faster than the competition in the Asia Pacific. For example, Symantec (NasdaqNM:SYMC - news) should see 50 percent growth in Asia, while Trend Micro (4704.T) has very good growth in Asia Pacific,'' Samenuk told a news conference. 50% growth for SYMC is pretty darn good, I would say. My guess is that NETA is working from a smaller base in Asia-Pacific. Dr. Mike Burry (who started one of the most widely viewed threads on SI - Value Investing) had this to say about the need for security products in an article from this past week: Raising an ominous point, hedge-fund manager Michael Burry says IT managers should think twice before economizing on security. "There are a lot of frustrated laid-off tech workers out there. Companies don't necessarily think it's wise to cut security software."