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


To: Drake who wrote (3144)8/24/1998 5:10:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 6021
 
Drake, I believe that NETA will be the dominant player in network security in a year or two at most. And with the growth of the internet and the intranet, and the problems posed by hackers and other threats to data integrity, I believe that this will be a rapidly growing market for the foreseeable future.

I think that Larson is an extremely bright and ambitious CEO, but the street is having difficulties in assessing the company, in part due the rapid rate of acquisitions that NETA has made over the past several years, in part due to the overhanging legal problems with SYMC, and in part to the mercurial nature of this industry.

I will say this: the recent three for two split and the use of cash for one of the recent acquisition (I forget which one -- there have been so many) were unequivocal signals that management is bullish on the company's outlook.

TTFN,
CTC