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

To: Chuzzlewit who wrote (2979)	7/29/1998 9:29:00 PM
From: Cyclops	Respond to of 6021

One major problem with NETA is the other softwares have been dropping like dead flies. Look at CA which is a bargain but continues dropping. CATP and PSFT dropping and this spills over to NETA. NETA is a great stock but this market seems to be a down market? Hold your pants or sell some stock and buy back at lower price. Regards, Cyclops

To: Chuzzlewit who wrote (2979)	7/30/1998 1:12:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 6021

>> 1. The purchase price makes sense; and 2. NETA stock is undervalued.<< Well since they paid over a 100% premium for the stock and NETA shares themselves have dropped 10% after the news, well, it sure did not send me any messages.. Other than I should have taken the profits while the gettings were getting good..

To: Chuzzlewit who wrote (2979)	7/30/1998 8:06:00 AM
From: Geoff Nunn	Read Replies (2) \| Respond to of 6021

Chuz, re: <<Alien, this is a much preferred way to buy a company (cash),... >> I'm not sure I agree with you. If company XYZ is acquired in a merger, and it's shares are paid for in cash, XYZ shareholders are subject to immediate capital gains taxes. This will not be the case if the shares are obtained using stock in the acquiring firm. An exchange of stock for cash is a taxable event, whereas a pure stock for stock transaction is not. This suggests XYZ shareholders may be willing to accept a smaller takeover premium if they receive shares of the acquiring firm as payment. If that's the case, the acquiring firm is better off not to use cash. Geoff