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

To: Joanna Tsang who wrote (3814)	12/21/1998 1:33:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 6021

Holy Cow!! So, are you beginning to price villas in the south of France? Or are you just looking at palatial mansions in Silly Valley? Going to shop for some truffles for the evening to celebrate today. TTFN, CTC

To: Joanna Tsang who wrote (3814)	12/21/1998 3:12:00 PM
From: David Rubin	Read Replies (2) \| Respond to of 6021

Congratulations! Stock is at a new all-time high. If this is not an exhaustion rally for the market, this breakout could launch NETA to the 80's before the market tops. So much for my decision to sell at 44 :-(

To: Joanna Tsang who wrote (3814)	12/21/1998 4:41:00 PM
From: John Carragher	Respond to of 6021

I think you and hubby will need to add a third bedroom on to the house to take care of all your gains. Have a happy holiday... John

To: Joanna Tsang who wrote (3814)	12/21/1998 5:01:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 6021

>>I didn't sell.<< Why not? We all need to do favours, when you sell the stock always doubles. So dont get greddy and just sell, that way some of the others can buy a new car. pathfinder.com Network Associates (Nasdaq: NETA): But when gloom overtakes an industry, great opportunities follow. Case in point: Network Associates, a maker of network-management software, particularly for security. The company boasts a renewal rate above 100%, meaning that most customers increase purchases when their subscriptions expire. In mid-1999, Network Associates is slated to release a combined version of two of its most popular products. At $51.25 a share, Network Associates stock is trading at 24 times estimated 1999 earnings, one of the lowest P/Es in the software industry. Why? Because, over the past two years, the company purchased eight firms, giving the stock what analyst Paul Dravis of Nationsbanc Montgomery Securities calls "acquisition overhang." Yet the company hasn't missed a step. In November, Network Associates announced the release of its new anti-virus product -- ahead of schedule. And profitability is climbing: Net margin, 19.1% in the first quarter of 1997, reached 24.7% in the third quarter of 1998. Over the next several years, the company is poised to deliver bottom-line growth of 33% annually. That means that even without significant P/E expansion, the stock could rise two or three times as fast as the overall market. "There are no excess expectations built into this stock's price," says Curt Rohrman, manager of the USAA Science & Technology fund, who sees the stock hitting $88 within 12 months.