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

To: Joanna Tsang who wrote (2283)	3/29/1998 8:33:00 AM
From: Mike V.	Read Replies (1) \| Respond to of 6021

Joanna, how big was the layoff? I was under the impression that NETA laid off several hundred administrative types in early January as part of the restructuring after the merger, but why are they getting rid of engineers? Was your friend a Network General or McAfee employee?

To: Joanna Tsang who wrote (2283)	3/29/1998 1:16:00 PM
From: Wigglesworth	Read Replies (1) \| Respond to of 6021

Big Larson-San's Samurai Portrait in San Jose Mercury News the site is currently down so I can't provide complete link. See the Sunday Business section at sjmercury.com .

To: Joanna Tsang who wrote (2283)	3/29/1998 3:38:00 PM
From: AlienTech	Respond to of 6021

>>Just checking...but don't be too surprise if NETA becomes as big as Oracle someday.<< Who cares! heres something you should really be worrying about. sjmercury.com

To: Joanna Tsang who wrote (2283)	3/29/1998 9:15:00 PM
From: Ojing Eo	Read Replies (1) \| Respond to of 6021

I couldn't possibly comment on who is the most trusted NETA engineer, but laying people off is not the way to make the quarter. The severance costs keep the cash draining for a quarter after somebody is dismissed. If you're looking for some financial engineering to make the numbers look good, see what is aggregated into a 'one time charge' and attributed to an acquisition. Ojing.

To: Joanna Tsang who wrote (2283)	3/29/1998 9:22:00 PM
From: michael modeme	Respond to of 6021

I don't doubt that NETA will be as big or bigger than ORCL someday -- and I think that day is not too far off. (that is why I have around 28% of my portfolio in NETA!!!)

To: Joanna Tsang who wrote (2283)	3/29/1998 11:57:00 PM
From: Ojing Eo	Read Replies (1) \| Respond to of 6021

I could not possibly comment on who is NETA's most trusted engineer. But the typical severance agreement keeps cash flowing into (er, out of) the quarter following the layoff. So if there are layoffs, they are not done in the last two weeks of the quarter to solely to affect reported corporate results. If you want to look for quarter-massaging financial engineering, look at the costs rolled into 'one-time-charges' and attributed to mergers and acquisitions. Ojing.