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


To: deeno who wrote (4149)2/3/1999 7:05:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 6021
 
deeno, the results are already pretty much known. Larson told us that NETA would come in around $.01 ahead of expectations. The SEC deals only with an accounting issue -- not an operational issue. Think of it as a change in accounting principles rather than as a restatement caused by the omission of pertinent facts or misrepresentations. The dispute has to do with how future costs relating to "acquired in process R&D" are expensed.

TTFN,
CTC