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

To: Chuzzlewit who wrote (4576)	3/30/1999 1:01:00 PM
From: AlienTech	Respond to of 6021

>>Who? You! <VBG><< Well as long as its not you doing the quarter ending face life by selling your dogs, NETA down to 30 again sheesh! And it looks like Melissa helped make their numbers.. Hope we dont go to the mid 20's again.

To: Chuzzlewit who wrote (4576)	3/30/1999 1:05:00 PM
From: AlienTech	Respond to of 6021

ISS Group faces growing threats - Barron's NEW YORK, March 28 (Reuters) - The surge in the price of ISS Group Inc. (Nasdaq:ISSX - news) shares since the computer-security company went public a year ago has had more to do with optimism than financial fundamentals, according to Barron's. The shares have more than doubled since then, to close at 83-1/4 Friday. But the fast-growing computer security market could attract a number of new competitors, the financial newsweekly said in its March 29 edition. Cisco Systems Inc. (Nasdaq:CSCO - news) and Network Associates Inc. (Nasdaq:NETA - news) have both recently acquired privately held companies with security products that are competitive with ISS, it said, and rival Axent Technologies Inc. (Nasdaq:AXNT - news) also poses a threat. The rivals have been in business longer, have greater name recognition, larger customer bases and greater resources, Barron's said. In addition, the paper cited industry magazines PC Week and InfoWorld, which previously considered ISS the industry leader, as criticizing the company's security products for missing attacks by outsiders, having restrictive licensing and being too expensive. ISS Chief Executive Tom Noonan told Barron's that the testing by the magazines was careless, and had not hurt business. Noonan also pointed out that ISS recently ranked first in a PC/Computing poll. A pending lawsuit against ISS alleges that the company's RealSecure product infringes on one of Network Associates' patents. RealSecure accounted for 25 percent of revenues in 1998, Barron's said. ISS has said that if it loses the case, its business could be adversely affected. Finally, ISS insiders told about half of a 2.4 million share secondary offering in March. Noonan told Barron's that investors were glad for the offering, which allowed institutional investors to take big positions. But Barron's concluded that since ISS ''has been mired in red ink throughout its history,'' has a stock-market value 15 times all the revenues in its industry, has had mixed product reviews and faces growing competition, company insiders were only doing themselves favors by selling stock.