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


To: Ojing Eo who wrote (2288)3/30/1998 3:21:00 PM
From: Joanna Tsang  Respond to of 6021
 
> I couldn't possibly comment on who is the most trusted NETA engineer

By most trusted in my case, I mean "I can ask her to do something, she says she will, and it's done. I don't have to worry about it."

I think you're on the right track when you said "see what is aggregated into a 'one time charge' and attributed to an acquisition." Severance pay can fall under that "one-time charge" if she was a duplicate, yes? Paul? AlienTech? I don't know how CFO's do their math. I barely passed math in college. (Okay, so it was calculus math...) And Billy Boy did say on Dec 1 that there would be some restructuring when the NETG merger was going through....this is no surprise. It was already on the table when they announced that they will make this quarter.

Anyone who thinks that they would be no layoffs whenever there is a merger is smoking something funny... The executives may put it to you in a different way (like "getting rid of duplicate positions..."), but they essentially said "Yes, there would be layoffs."

-Joanna