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


To: AlienTech who wrote (3989)1/15/1999 1:19:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 6021
 
Alien, I hate mindless drivel like that. How do they justify a price target?

I think that the driver for this stock will be a few "clean" quarters (i.e., no acquisitions). Larson has so muddied the water with his buying binge and possibly aggressive accounting (the SEC letter) that there is rampant confusion among investors as to what the real status of the company might be. From my perspective it looks good, because, accounting issues aside, the cash flow looks good. And as you know, cash flow is where it's at.

TTFN,
CTC