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To: Moonglow who wrote (1045)10/15/1998 2:27:00 PM
From: Walter Morton  Respond to of 3086
 
I know you are getting pretty depressed so lets watch the stock go up:

wired.com



To: Moonglow who wrote (1045)10/16/1998 9:22:00 AM
From: Walter Morton  Read Replies (1) | Respond to of 3086
 
Has anybody tried to verify this statement:

"In 1996, Mr. Wong founded and managed Secure Networks Inc., an
organization that developed Internet security tools and offered security consulting before it was acquired by Network Associates Inc. for approximately $25 million."

In 1996 Network Associates was General Network and McAfee (two different companies that merged in 1997).

I have been to Network Associates' home page and investor relations page and looked at all of the annual report from 1996 to 1997. I have also looked in EDGAR for SEC filings that mention this acquisition. I have not been able to find any reference to Secure Networks, Inc.

It is interesting that NETA would mention a $2.1 million expense related to a different acquisition, but not mention a $25 million acquisition.

Any help would be appreciated.



To: Moonglow who wrote (1045)10/16/1998 12:17:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 3086
 
I went to prnewswire.com under company news and typed in Network Associates and could not find the article that was just posted. I did find this:

Oct-14-1998 NEW STORY
Network Associates Ships SupportMagic SQL 4.02

Oct-14-1998 NEW STORY
Network Associates Announces New Version of Total Service Desk for Centralized Network and Desktop Support

Oct-14-1998 NEW STORY
McAfee Software Ships Award Winning McAfee Office

Oct-13-1998 NEW STORY
Network Associates Announces Gauntlet Firewall 3.0 for Windows NT

Oct-13-1998 NEW STORY
Network Associates Unveils Firewall Technology Breakthrough

Oct-7-1998
Network Associates Foreshadows Launch of 'Project Apollo' - Signing Multi-Year Deal With Beyond.com to be the
Exclusive Software Reseller

Oct-6-1998
Network Associates Offers Intel Anti-Virus Customers Free One-Year License; Intel Customers Wary of Symantec Purchase
Provided Superior Upgrade Path

Oct-5-1998
Network Associates Surpasses Firewall Competitors With New Global Enterprise Management Console for Gauntlet
Firewalls

Sep-30-1998
Network Associates Protects the Enterprise With ManagedSecure

Sep-30-1998
Virus Alert: Network Associates Advises Users to Update Anti-Virus Immediately To Protect From Data Manipulating Excel
Virus

Sep-28-1998
Network Associates' RouterPM 3.2 First Expert Analysis Tool Supporting Both Cisco and Bay Networks Routers

Sep-23-1998
Network Associates Joins A's Corporate Partners

Sep-23-1998
Network Associates Hits One Out of the Park by Debuting Network Associates Coliseum

Sep-22-1998
Network Associates Integrates Leading Proactive Network Analysis Tool With CiscoWorks2000

Sep-21-1998
Paragon Development Systems Deploys Network Associates' Net Tools At Decatur Memorial Hospital

Sep-16-1998
U.S. Department of Defense Protects Millions of Users With Network Associates' Total Virus Defense

Sep-15-1998
McAfee Software Introduces McAfee Office

Sep-10-1998
Network Associates Acquisition of Cybermedia Closes

Sep-9-1998
Network Associates to Hold Conference Call

Sep-8-1998
Network Associates Offers Free Seminars on Network Security and Management

Sep-8-1998
Network Associates Demos Merlin Next Generation Browser-Based Service Desk At Support Services West

Sep-7-1998
Network Associates Extends Offer for CyberMedia; HSR Early Termination Granted

Sep-4-1998
Network Associates Extends Offer for CyberMedia; HSR Early Termination Granted

Sep-4-1998
Network Associates Extends Offer for CyberMedia, Inc.

Sep-3-1998
Security Update: Network Associates Security Research Team Discovers Internet Server Security Threat

Aug-31-1998
Virus Update: Network Associates Discovers First Successful Travelling Multi Platform Virus to Infect Both Word and Excel

Aug-28-1998
Network Associates Extends Offer for CyberMedia, Inc.

Aug-26-1998
Network Associates Resubmits HSR Filing for CyberMedia, Inc.

Aug-25-1998
Network Associates Selected to Develop New Internet Security Standard

Aug-24-1998
Network Associates Establishes Dominant Position in Security Market According to New Hurwitz Group Report

Aug-21-1998
VIRUS REMINDER: Network Associates Extends Free CIH Virus Protection Offer In Anticipation of August 26th Trigger
Date

Aug-18-1998
Network Associates Forges Partnership With Visual Networks to Provide Industry Leading Hardware/Software Solution

Aug-18-1998
Network Associates Launches CyberCop Server 3.0 - Real-Time 'Motion Detector' For Corporate Server Security

Aug-18-1998
Network Associates Announces First Portable ATM OC-12 Network Analysis Tool

Aug-13-1998
Network Associates Acquisition of Dr. Solomon's Closes

Aug-12-1998
Network Associates, Inc. Dr Solomon's Group PLC Scheme of Arrangement Registration of Court Order

Aug-12-1998
Network Associates, Inc., Dr Solomon's Group PLC Scheme Of Arrangement Court Approval

Aug-11-1998
Network Associates Chosen to Protect Sensitive Government Communications

Aug-10-1998
Network Associates Strengthens Support for Magic Users With Announcement Of SupportMagic SQL 4.02

Aug-10-1998
Network Associates Previews Merlin Next Generation Browser-Based Service Desk

Aug-4-1998
Network Associates First Security Vendor to Ship Complete Solution to E-Mail Security Threat

Aug-3-1998
Network Associates Commences Tender Offer

Jul-30-1998
Network Associates Ships First Server Anti-Virus Product Certified For NetWare 5.0

Jul-29-1998
Network Associates Named Microsoft Security Partner

Jul-29-1998
Sykes Standardizes With Network Associates for Worldwide ServiceDesk and IT Asset Management

Jul-29-1998
Network Associates Addresses Newest Internet E-Mail Security Threats; Product Upgrades and Online Information to
Protect Customers

Jul-28-1998
Network Associates to Acquire Cybermedia

Jul-23-1998
Network Associates, Inc. and Dr Solomon's Group plc Office of Fair Trading Confirmation

Jul-21-1998
Network Associates, Inc. and Dr Solomon's Group PLC - Dr Solomon's Shareholder Approval Obtained

Jul-21-1998
Network Associates Chosen to Provide Security Consulting for Microsoft Site Server 3.0

Jul-21-1998
Network Associates Announces First Anti-Virus Product Suite Optimized For Customers of Tivoli IT Director

Jul-21-1998
Network Associates Launches Global Professional Services

Jul-20-1998
Network Associates Reports Record Second Quarter Revenue

Jul-20-1998
Network Associates Announces World's First Combined Enterprise-Class Anti-Virus Firewall Solution

Jul-20-1998
Network Associates Ships New Version of Gauntlet Firewall For Windows NT - Announces Gauntlet Active Firewall Suite

Jul-15-1998
Network Associates Wins HelpDesk Implementation for Australian National University

Jul-13-1998
Network Associates, Inc. and Dr Solomon's Group PLC Announce DOJ and FTC Early Termination of Hart-Scott-Rodino
Waiting Period

Jul-13-1998
Network Associates Ships Gigabit Sniffer to Manage Today's High Speed Networks

Jul-13-1998
Network Associates Ships Next Generation Sniffer(R) Pro 98 Portable Analysis Suite

Jul-8-1998
Network Associates Awarded Official Sales Certification in China

Jul-7-1998
Network Associates Updates Anti-Virus Support for Unix Servers

Jul-7-1998
Network Associates Sues Internet Security Systems, Inc. for Patent Infringement

Jul-6-1998
Network Associates Tackles Intrusion Protection Market with Free Offering of CyberCop Scanner to Resellers Nationwide

Jun-30-1998
Network Associates Signs 60,000 Total Virus Defense Deal With Leading Latin American Systems Integrator

Jun-29-1998
Network Associates Redefines Network Intrusion Detection With CyberCop Product Line

Jun-25-1998
Microsoft to Include Network Associates' McAfee VirusScan With Microsoft Plus! 98

Jun-25-1998
Network Associates Releases Latest Version of Zero Administration Client (ZAC) Suite

Jun-24-1998
Network Associates Releases Localized International Versions of Total ServiceDesk Suite

Jun-22-1998
Network Associates and VeriSign Partner to Provide Interoperable Digital Certificate Solutions to Millions of Users
Worldwide

Jun-18-1998
Network Associates Launches 2000 ToolBox(TM) Complete Windows PC Y2K Problem Resolution

Jun-17-1998
Network Associates Licenses Award-Winning ZAC Technology

Jun-16-1998
Network Associates Embraces Microsoft Windows 98

Jun-16-1998
Network Associates' Nuts & Bolts Wins 1998 World Class Award From PC World Magazine

Jun-16-1998
Network Associates Announces Nuts & Bolts 98 - Arsenal for Optimizing Desktop Performance

Jun-16-1998
Network Associates Defends Sensitive Data With PGPdisk and PGP for Personal Privacy

Jun-9-1998
Acquisition of Dr Solomon's Group PLC By Network Associates Inc.

Jun-9-1998
Network Associates to Acquire Dr Solomon's

Jun-8-1998
Network Associates Launches Total Virus Defense Suite in Japan - Centrally Managed Virus Security System Now Available
in All Major Markets Worldwide

Jun-3-1998
Network Associates to Debut Arsenal of Retail Products at PC Expo

Jun-2-1998
Network Associates Ships Total ServiceDesk Suite for Comprehensive Help Desk And Desktop Management Ahead of
Schedule

Jun-1-1998
Network Announces Three-for-Two Stock Split Effective Today

Jun-1-1998
RSA Data Security and Network Associates Announce Settlement of Lawsuit; Network Associates Licenses RSA
Crypto-security Software

May-27-1998
Network Associates Awarded Best Web-Based Customer Support by the Association Of Support Professionals

May-27-1998
Network Associates' Successful Suite Strategy Prompts Anti-Virus Competitors To Respond

May-27-1998
Network Associates Throws Life Line To Stranded IBM Customers - Offers Dollar- for-Dollar Credits Towards Upgrade to
Net Tools Secure

May-19-1998
Network Associates Certified to Protect North American Automotive Industry

May-18-1998
Network Associates Announces ZAC 2000 for Corporate Desktops

May-15-1998
Network Associates' PGP for Personal Privacy Wins CNET's Editors' Choice Award For Encryption Clients

May-11-1998
Network Associates and Arthur Andersen to Offer Executive Briefing Series On Network Security

Apr-30-1998
Network Associates Announces Three-for-Two Stock Split

Apr-29-1998
Network Associates' PGP Policy Management Agent Supports Leading Internet E-Mail Standard

Apr-28-1998
Network Associates' Acquisition of Trusted Information Systems Closes

Apr-20-1998
Network Associates Reports Record First Quarter Revenue and Earnings

Mar-24-1998
Network Associates to Acquire Magic Solutions

Mar-23-1998
Network Associates' SnifferBasic Awarded Product of the Year by Network Magazine for Best Network Analyzer

Mar-20-1998
Network Associates Announces Availability of 128bit PGP Encryption Software For Global Customers

Mar-20-1998
Network Associates to Host Press Conference Call Today to Announce Global Encryption Strategy

Mar-11-1998
Network Associates Announces Total Network Security Suite for Desktop, Network And Server Protection

Mar-11-1998
Network Associates Protects Sensitive Corporate Data On Mobile and Desktop Computers With PGPdisk

Mar-2-1998
Network Associates Launches Nuts & Bolts Deluxe With One of the Industry's First Year 2000 Hardware Fix Capabilities

Feb-23-1998
Network Associates Redefines Network Analysis; Creates Sniffer Total Network Visibility Management Suites

Feb-23-1998
Network Associates to Acquire Trusted Information Systems

Feb-17-1998
Network Associates' HelpDesk Implemented by BankBoston

Feb-17-1998
Network Associates Launches CyberCop - Network Intrusion Detection Technology

Feb-17-1998
Network Associates Releases Informant - Real-Time Graphical Decision Support Tool Enables Proactive Service Desk
Management

Feb-13-1998
Anti-Virus Update: Network Associates' VirusScan Receives February Virus Bulletin 100% Detection Award

Feb-10-1998
Network Associates, Inc. Announces Offering of Convertible Subordinated Debentures

Feb-9-1998
Network Associates and CHS Electronics Sign Global Distribution Agreement

Feb-4-1998
Network Associates' WebScanX Receives InfoWorld's Best of the Test Center For 1997 Award

Feb-3-1998
Network Associates' WebSniffer Wins ComNet New Product Achievement Awards Competition as the Most Innovative
New Product and Best in Category

Feb-2-1998
Network Associates Delivers Windows Sniffer for Ethernet 10/100

Jan-28-1998
Network Associates Identifies New Excel Virus

Jan-28-1998
Network Associates' GroupShield for Microsoft Exchange Wins Analyst's Choice Award Over Trend, Dr. Solomon, and
CA/Cheyenne

Jan-27-1998
Network Associates' WebSniffer Delivers Real-Time Web Site Expert Analysis

Jan-26-1998
Network Associates Announces Industry's First and Only Distributed, Enterprise ATM Management System

Jan-26-1998
Network Associates Announces Industry's First and Only Distributed, Enterprise ATM Management System

Jan-26-1998
Network Associates Launches VirusScan 3.0 for Macintosh OS

Jan-26-1998
Unisys Selects Network Associates' GroupShield as Worldwide Anti-Virus Standard for Lotus Notes

Jan-21-1998
Network Associates Releases New Version of PC Medic - The First PC Diagnostic, Repair Product Integrated with Help
Desk Technology

Jan-21-1998
Network Associates' VirusScan Receives Computerworld's IT Leaders' Choice Award For Best PC/LAN Utility Of The
Year

Jan-20-1998
Nuts & Bolts Named Best Diagnostic Utility

Jan-19-1998
Network Associates Receives VarVision Fall '97 Award for 'Best Channel Strategy'

Jan-19-1998
Network Associates' VirusScan Given Highest Rating by Secure Computing Magazine

Jan-14-1998
Network Associates Opens Australian Branch of McAfee Labs

Jan-13-1998
ARCANVS Becomes Licensed Certification Authority

Jan-13-1998
Network Associates Teams With Netect to Deliver Security Updates Via The Internet

Jan-13-1998
Network Associates and ARCANVS Provide Digital Certificates for Secure Record Transactions

Jan-13-1998
Network Associates Lays Out Blueprint for the Future of Network Security And Encryption

Jan-12-1998
Network Associates Joins Industry Leaders in Security Consortium

Jan-12-1998
Network Associates' VirusScan Security Suite Receives CNET'S Top Honor

Jan-9-1998
VirusScan Named Best Antivirus Product on the Brazilian Market

Jan-8-1998
Network Associates First to Protect Users of Microsoft Windows CE From Internet Viruses

Jan-6-1998
Network Associates Introduces Industry's Most Powerful Usenet Virus Protection Service

Dec-30-1997
Court Denies Symantec's Request for Injunction Against McAfee PC Medic

Dec-10-1997
McAfee Announces Internet Security Suite

Dec-1-1997
Network Associates Acquires Pretty Good Privacy (PGP); Network Associates Extends Enterprise Offerings with Leading
Security Software

Dec-1-1997
Network Assoc. Created as McAfee, Network General Merger Closes Ahead of Schedule

Nov-20-1997
McAfee VirusScan Awarded Secure Computing Lab's 'Checkmark' Certification

Nov-17-1997
McAfee Announces First Native Client/Server Anti-Virus Solution for Microsoft Exchange Server 5.5

Nov-10-1997
McAfee Launches National Holiday Product Promotion

Nov-5-1997
McAfee VirusScan Awarded Windows NT Magazine's Editor's Choice Award

Nov-3-1997
McAfee Completes Roll-Out of 50,000-Node Total Virus Defense Solution for Government of Puerto Rico

Nov-3-1997
McAfee Signs Joint Venture in Korea

Oct-27-1997
WebScanX Chosen by Microsoft as Best-of-Breed Internet Application for Internet Explorer Plus

Oct-23-1997
McAfee's VirusScan Named Finalist in PC/Computing MVP Awards

Oct-20-1997
McAfee Reports Record Third Quarter Revenue and Earnings

Oct-13-1997
McAfee Associates Media Advisory

Oct-13-1997
McAfee's New 'Self-Service' Help Desk Web Suite Makes PCs Help Desk-Ready

Oct-10-1997
McAfee Product Suites Dominate Sales

Oct-9-1997
Court Rules McAfee Can Continue Shipping All Products

Oct-8-1997
McAfee's WebShieldX Raises the Bar on Corporate Security

Oct-8-1997
Networld+Interop Chooses McAfee's Total Virus Defense Suite to Provide Complete Network Security at Exhibition

Oct-8-1997
TIS Offers McAfee WebShieldX as Part of Gauntlet(R) Enterprise Security Solutions

Oct-7-1997
McAfee Ships Over One Million Units of PCCrypto in Q3 FY97

Oct-6-1997
McAfee Announces Record Preliminary Results for Q3, FY97

Sep-30-1997
McAfee SecureCast Protects Microsoft Internet Explorer 4.0 Users From Virus Attack

Sep-30-1997
McAfee Announces WebScanX Integrates With Microsoft Internet Explorer 4.0

Sep-29-1997
McAfee VirusScan Ranked #1 Windows 95 Product - Again

Sep-25-1997
Shell to Standardize on McAfee Anti-Virus Software

Sep-25-1997
McAfee Ranked Fifteenth on Fortune's List of America's Fastest-Growing Companies

Sep-24-1997
McAfee Seals OEM Deals With Three Leading PC Vendors in Japan

Sep-23-1997
McAfee Market Dominance Prompts Symantec Dirty Tricks

Sep-23-1997
McAfee Market Dominance Prompts Symantec Dirty Tricks

Sep-18-1997
McAfee VirusScan Ranked #1 Channel Wintel Product

Sep-17-1997
McAfee UK Focus Reaps Rewards

Sep-9-1997
House of Fraser Selects McAfee for NT Network

Sep-8-1997
Seven Major PC Manufacturers Team With McAfee to Integrate Powerful Anti-Virus Software With Leading PCs

Sep-2-1997
McAfee Extends Leadership With New HelpDesk Release

Aug-28-1997
Symantec Issues Apology to McAfee

Aug-26-1997
McAfee's Total Virus Defense Suite Delivers Multi-Tiered Network Security

Aug-26-1997
McAfee Announces First Server-Based Network Security Suite

Aug-11-1997
McAfee ServiceDesk Achieves #1 Marketshare Position for Windows NT Help Desks

Aug-4-1997
McAfee Teams With Microsoft BackOffice on New Help Desk Solution

Jul-29-1997
McAfee Announces Viper; New API Allows Developers to Build Anti-Virus Support Into Applications

Jul-21-1997
McAfee Reports Record Second Quarter Revenue and Earnings

Jul-16-1997
U.S. Department of Defense Protects Millions With McAFEE Security Solution

Jul-15-1997
McAfee Blocks 'Hostile' ActiveX/Java Applets and Internet Borne Viruses

Jul-14-1997
VirusScan Wins Two More Benchmarks; McAfee Bests Symantec, Trend, Solomon in UK, Japanese Comparisons

Jun-24-1997
McAfee to Offer ServiceDesk Suite on Oracle8

Jun-17-1997
McAfee Delivers VirusScan Security Suite: the First Product to Offer Complete Desktop Protection

So, I sent a copy of that news posting to prnewswire. I'll let you know what they say.

Also when I tried to look up the ticker symbol for Secure Networks (SNI) I could not find a company on Yahoo. However, I was able to find a company in FreeEDGAR called Sun City Industries, but not Secure Networks.