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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?

To: sunny who wrote (2050)	3/1/1998 12:23:00 PM
From: Wigglesworth	Read Replies (1) \| Respond to of 6021

<<Do you know how Chuck's commented the initiation of NETA?>> This guy ain't no Chuck: (from Microsoft Investor site) Analyst John Powers likes Network Associates, trading recently around $61, the product of a recent merger between McAfee Associates and Network General. The company is one of the world's top ten software firms, and is the leading vendor of antivirus and network-management software. Antivirus software provides an annuity-like stream of revenues, since customers need constant updates to protect them from new-generation viruses. Network Associates combines the products of McAfee and Network General to offer a package that can handle a range of tasks, from virus protection to firewalls to encryption. Like Check Point, Network Associates has struck deals with major technology companies to strengthen its market share and distribute its products. Seven major PC makers, including Compaq (CPQ), Gateway 2000 (GTW) and Hewlett-Packard, recently agreed to bundle Network Associates' anti-virus software into their machines. Powers estimates the company's earnings will rise 41% to $2.44 per share in 1998. He figures the stock could rise to $75 within six months.