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

To: Cyclops who wrote (2316)	4/4/1998 6:51:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 6021

Cyclops, It is insane for a CEO or a CFO to give assurances to the market that all is well and then surprise the markets with disappointing numbers. That's the stuff of derivative lawsuits. M&A costs are never considered as material in these kinds of analyses, and TA is just plain witchcraft. I would be very surprised if NETA did not at least meet the analysts' estimates. Regards, Paul

To: Cyclops who wrote (2316)	4/6/1998 2:21:00 AM
From: Joanna Tsang	Read Replies (2) \| Respond to of 6021

Cyclops, In the past, whenever Billy Boy is "comfortable" with earnings, he beats estimates it by AT LEAST 1 cent. Recent case in point: he did mentioned on Dec 1 that there would be a one-time charge for NETG on Dec 1 1997 for the 4Q. No surprises there. The quarter before that, they have menoned that they were "comfortable" with the estimates. They beat estimates again...admittedly not as much as some analysts liked...but the stocks went up anyway to about 65 before the NETG news shot it down to around 59. (Is my memory correct, Paul?) Also, Billy Boy does not just play good offensive (increasing market, etc.), he plays very good defensive (paying crappy salaries, working the engineers to death to get products out on time, not spending a lot on training...) I know I sound like I'm down on this company, but the reality is that this is what makes this company the success it is today. Regards, Joanna