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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 (1862)	1/17/2002 9:41:16 PM
From: Roadkill	Read Replies (1) \| Respond to of 2069

As you can tell, I am a big fan of SYMC. I believe they have shown an operating profit every Q since 1993 or 1994. When J. Thompson came aboard and made some structural changes, the company really straightened itself out and caught my attention. The long-term chart suggests we are preparing for a blue-sky breakout above the low-80s. Once we get there (and it may still take a while in this choppy market), I suspect a massive run, lasting perhaps several years, supported by both technical factors and fundamental factors. In any event, my favorite reading for SYMC is its 10Ks, and to the extent that it's been a few Qs since the last 10K, then the 10Qs will do just fine. I also keep a running chart showing Q-to-Q revenue, expenses and (most importantly) gross and operating margins. This keeps my focused on the longer term during good days (like today) and bad days (like many in 2001). Good luck. RK

To: jhg_in_kc who wrote (1862)	1/21/2002 7:41:14 PM
From: t2	Read Replies (2) \| Respond to of 2069

they have visibility out 18 months and what they see is good indeed. This is rare. That is rare! The valuation on a PE basis is pretty good too. Valuation and barriers to entry is what really keeps me from selling this stock. As far as I can tell, there are only two real competitors in this market, neta and symc. There is also Computer Associates but they run into other problems in market their product because they may be in competition with their customers. Therefore, a SYMC type of product will be pushed more by the computer consulting type of companies on their clients. I don't understand the relationships in this industry very well but this is a pretty basic rule, imho. Many are just small players and the question for large business customers is: will they be around in a few years. To me that means only 1 or 2 dominant names can exist in this environment. I think it will be the independent names....and believe SYMC is going to be there. SYMC can probably move into the niche markets now serviced by small companies by buying them out or introducing similiar offerings. This is an emerging market and the visibility out to 18months seem to support this. JMHO.