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

To: Wallace Rivers who wrote (1905)	12/14/2004 3:52:52 PM
From: caly	Respond to of 2069

We'll have to see what happens. One market concern is no doubt the much lower revenue growth rate of Veritas. It'll really slow down the growth of the combined companies. I saw the same thing happen when SafeNet (SFNT) bought Rainbow (formerly RNBO), another security company. SFNT absolutely tanked on the news (see October 2003) and the slower growth rate of Rainbow was a big concern of the analysts. As you can see from the chart, the stock has come back nicely, but still isn't quite back to where it was. Regardless, it was a great buy at 22 in May when the deal closed. I just hope SYMC doesn't follow that pattern. : ) finance.yahoo.com

To: Wallace Rivers who wrote (1905)	12/14/2004 6:06:16 PM
From: Larry S.	Respond to of 2069

Be careful of trying to trade the dip. I am a long time owner of SYMC and yes, i did nibble today on some trading shares. But the street is obviously concerned that the acquisition of VRTS would do at least the following two things: 1. slow the rate of growth that SYMC has experienced. VRTS's business just doesn't grow anywhere near as fast as SYMC. 2. The risks and history of large software mergers throws a note of caution. Integration of two diverse companies usually take quite a bit of time and drags down the performance of the combined entity. OTOH, the assets that VRTS would bring to a combined company have great potential for the future, its the short term that i am concerned about. larry