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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: MoneyMade who wrote (62981)	3/18/1999 7:46:00 PM
From: kendall harmon	Respond to of 119973

NETA is going to bounce tomorrow. Here is the story from Blooomberg. Note the reference to the buy ratings by three analysts. After hours activity was pretty heavy. Network Associates Falls on Concern Over Weak Sales (Update3) (Updates with closing share price; adds details on SEC rules in 10th, 11th paragraphs.) Santa Clara, California, March 18 (Bloomberg) -- Network Associates Inc. plunged 22 percent on concern that the top maker of security and antivirus software may miss analysts' first- quarter earnings estimates on weak sales. Network Associates fell 8 7/8 to 32 1/4 in trading of 23.1 million, making it the third-most active U.S. stock. The shares have fallen 51 percent this year, slashing more than $4 billion from the company's market value. Network Associates has been on an acquisition spree for the past year and is combining its newly purchased products into software packages. Analysts are concerned that some customers may delay orders of older products to wait for new ones, and the company also hasn't finished the task of making all its products work together seamlessly. ''They've still got a long way to go to integrate those products,'' said Ted Julian, an analyst at market researcher Forrester Research in Cambridge, Massachusetts. The company also faces ''a significant challenge'' convincing its corporate customers to buy all their software from Network Associates, rather than choosing products from multiple vendors, Julian said. Individual Products Forrester in November surveyed 50 Fortune 1000 companies, a key customer base for Network Associates, and found that 74 percent of the companies still buy products designed for a specific purpose, such as detecting network intruders, uncovering viruses and controlling users, rather than a suite of programs. Network Associates' shares dropped today after BancBoston Robertson Stephens analyst John Powers expressed concern about the company's business this quarter. The company needs to make up for slow orders at the beginning of the quarter with more orders toward the end of the quarter, he said. Analysts expect the Santa Clara, California-based company to earn 49 cents a share, the average estimate based on a poll by First Call Corp. Calls to the company weren't returned. ''The stock is down because Robertson Stephens downgraded their rating because they believe the company is going to miss the quarter,'' said Peter Rogers, an analyst at Volpe Brown Whelan & Co., who rates the stock ''buy.'' Network Associates shares also have tumbled on investor concern about discussions the company is having with the Securities and Exchange Commission about its accounting for acquisitions. On Jan. 6, the company said its quarterly earnings may be reduced by 2 cents to 3 cents a share if the SEC disallows some of its acquisition-related write-offs. An analyst from Merrill Lynch & Co. reiterated his ''buy'' rating on Network Associates, and an analyst from Brown Brothers Harriman & Co. reiterated her short-term ''buy.''

To: MoneyMade who wrote (62981)	3/18/1999 7:54:00 PM
From: Rock_nj	Respond to of 119973

What is the address of the new site? The prize deal is awfully generous of you.

To: MoneyMade who wrote (62981)	3/18/1999 7:58:00 PM
From: Deeber	Respond to of 119973

MMCI, Multimedia Concepts was up 600% today on 500k shares, NO hype, nothing, just aolid buying. THere is a new SI thread for MMCI now, started today, this one is a quiet killer, could run to $5 short term. Read the thread for some great info. Subject 26692

To: MoneyMade who wrote (62981)	3/18/1999 7:59:00 PM
From: BobKuz	Read Replies (1) \| Respond to of 119973

savvyinvestor or savvyinvestors? Have a great time with your site? What's happening with PQT?