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To: SusieQ1065 who wrote (14969)	9/7/2001 4:01:59 PM
From: Jerry Olson	Respond to of 208838

later all..have a wonderful weekend..bye...

To: SusieQ1065 who wrote (14969)	9/7/2001 4:05:21 PM
From: Frederick Langford	Respond to of 208838

You too Susieq, and a good weekend to all the posters on Team G&V Fred

To: SusieQ1065 who wrote (14969)	9/8/2001 10:20:01 AM
From: 2MAR$	Read Replies (1) \| Respond to of 208838

Veritas in review ...CEO says comfortable on growth forecasts ....translated into english------>" we continue to be very nervous & shaking in our boots " By Ilaina Jonas NEW YORK, Sept 5 (Reuters) - Veritas Software Corp. (NasdaqNM:VRTS - news) chief executive Gary Bloom on Wednesday reaffirmed previously lowered guidance for 2001 revenue growth, but said the European market for its data management and storage software remains a concern. ADVERTISEMENT Bloom, an Oracle Corp. (NasdaqNM:ORCL - news) veteran who became Veritas CEO at the end of last year, said he still expects revenue for 2001 to grow by 25 percent to 35 percent. ``We continue to be comfortable with where we are at,'' the chief executive of the storage software maker told an audience of fund managers at the Salomon Smith Barney Technology Conference here. ``But at the same time, it's unpredictable,'' he said of the current Wall Street revenue forecast. ``I can tell you I don't lose a lot of sleep over the financial strength of Veritas. We are really very, very comfortable with our financial situation as a company,'' he said. With regard to the outlook for Europe, however, Bloom said, ``With all the rumors of a slowdown in Europe, we continue to be very nervous. We are nervous about whether Europe is going to mirror what happen(ed) in the U.S. economy six or nine months ago. We're hopeful it won't, but it's unpredictable whether it will.'' For the year, analysts expect Veritas to earn 72 cents a share on revenue of $1.544 billion, according to Thomson Financial/First Call, which surveys broker estimates. Bloom said he believes the U.S. spending environment in the third quarter has neither improved nor worsened, compared to the previous quarter. "It continues to be relatively unpredictable, in the blahs, buying at reduced levels, buying less of a forward capacity, because of a more predicable budget and plans. The question that comes in to play in Q3 and Q4 in particular from those companies is what happens in Europe and do we have enough recovery in the U.S. if Europe goes slower, or will the continued prolonging of the downturn in the U.S. cause Europe to decline further. ``For most global companies' revenues, if the upturn or improvement in the U.S. from February to March time??? to offset a decline in Europe ... on a total result basis, there will be a continued decline.'' Shares of Veritas on Wednesday were down nearly 8 percent, or $2.20, to $25.35 in late afternoon trading on the Nasdaq and were among the most active on the exchange. Bloom also addressed the conclusion of a recent Morgan Stanley research note that questioned whether license revenues from the company's clustering software -- which allows two computers to work together so that if one fails the other takes over-- actually decreased in the second quarter. Clustering revenues, which account for 20 percent of the company's total revenues, rose 105 percent in the first half of 2001, Bloom said. ``Clustering is actually growing faster than total revenues so it's exactly the opposite of what this report came out and said,'' he said.