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


To: Chuzzlewit who wrote (4534)3/27/1999 5:52:00 PM
From: AlienTech  Respond to of 6021
 
I wonder if the shorts will now come out and say NETA is not a Virus Scanner company any more, Its a Security company and as such things like this should not push the stock up 10 points. Remote Explorer pushed the stock from 53 to 60.. So lets see what this does with a much large short intrest.

CERT Coordination Center Issues Advisory on Widespread Computer Virus

PITTSBURGH, March 27 /PRNewswire/ -- Responding to widespread reports of a Microsoft Word 97 and Word 2000 computer virus affecting government agencies and businesses around the world, the CERT Coordination Center(R) (CERT/CC) at Carnegie Mellon University's Software Engineering Institute has issued an advisory informing computer users how to combat the virus.
The "macro" virus, first reported yesterday afternoon, spreads through e-mail attachments. The message transporting the virus has most frequently contained the subject header, "Important Message From (name of sender)," according to CERT/CC.
"We have received reports from around the world about this virus," said Katherine T. Fithen, manager, CERT/CC operations. "Our advisory provides information on how to clean up the virus if a system is already affected. More important, however, is for mail system managers to take action against the virus even if they have not seen it in their organization."
According to CERT/CC, many large computing sites have reported problems with their e-mail servers stemming from this virus. The virus, Fithen said, propagates itself and sends so much mail to a specific site it can overwhelm a mail server. The virus can also lead to the propagation of computer users' documents instead of the original virus-infected document, creating the possibility of leaking sensitive information.
For information about this virus and how to combat it, see:
cert.org.



To: Chuzzlewit who wrote (4534)3/27/1999 8:34:00 PM
From: Edwarda  Read Replies (1) | Respond to of 6021
 
I understand that FORE has attempted to write off the future costs of in-process R&D on products that were already marketed -- a pretty neat trick (dare I call it FOREplay).

We really should be engaging in this FOREplay on the FORE thread.

Berkeley had no revenues when acquired by FORE, merely a technology in development. FORE based the write off on the supposed lack of immediate technological feasibility. Problem: product introduction virtually immediately following acquisitio.n