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


To: Chuzzlewit who wrote (4511)3/26/1999 12:29:00 PM
From: Wigglesworth  Read Replies (2) | Respond to of 6021
 
<< Larson responds by saying he will change the reality (cutting costs) to make the new representation appear the same as the old. >>

Chuzzlewit,

You stated that you were frightened by the one or two sentences in the article and I only acted as a translator of what was written: the statements (and perhaps some others in the article) indicated that Larson did not want to have a series of earnings reduction from analysts due to the SEC mandated changes and thought he could still be 'comfortable' with the current estimates by cost cutting.

Now is this frightening? If anyone on this thread can show that what you quoted means otherwise, please enlighten me. English ain't my mother tongue. You can choose to be scared by many other things about NETA but that'll be too chicken if your fear is based on those few words.



To: Chuzzlewit who wrote (4511)3/27/1999 12:32:00 AM
From: Edwarda  Respond to of 6021
 
Chuzz, I personally feel much the same concern that you do about financial engineering. Unfortunately, Larson's persona makes the possibility all too credible.