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


To: Chris Anderson who wrote (3163)8/27/1998 2:10:00 AM
From: chirodoc  Read Replies (1) | Respond to of 6021
 
<<<<<three months ended 3/31/98, revenues fell 72% to $4.7 million.

Business Summary
CYBR develops and markets software products that provide automatic service and support to PC users in the Windows environment. For the three months ended 3/31/98, revenues fell 72% to $4.7 million. Net loss totalled $16 million vs. income of $1.3 million. Revenues suffered from fewer and smaller orders placed for Company products. Earnings suffered from higher sales and marketing expenses from increases in advertising, co-op programs and increases in personnel.