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

To: Jurgis Bekepuris who wrote (1841)	6/14/2001 1:12:39 PM
From: Wallace Rivers	Respond to of 2069

I'll concede that I am no expert on the products that SYMC produces, just as I am no expert on the products of the vast majority of stocks that I own - stocks like AVX, TMO, MRK, SYK. I rely a great deal on the expertise of others. That has not always been a wise decision - I am not infallible. SYMC is projected to earn $3.10 this fiscal, $3.75 next fiscal by one of the sources I use. That's a 22% growth rate. Simply multiplying 22 X $3.10 yields a price of $68.20. Simply multiplying 22 X $3.75 yields a price of $82.50. I also did some technical work, using simple 20 day Bollinger Bands. In the vast majority of times the lower band was violated (which happened yesterday), the stock rallied. The challenges are competition, and more competition, integrating AXNT, among others. An opportunity, quite obviously, is the growing need for security products world wide.