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


To: AlienTech who wrote (4589)3/31/1999 9:56:00 AM
From: Raymond Clutts  Read Replies (1) | Respond to of 6021
 
Looks as though this delay has just hit the news and now blood is in the water. Let's see what the day brings.



To: AlienTech who wrote (4589)3/31/1999 10:19:00 AM
From: David Perfette  Read Replies (2) | Respond to of 6021
 
In a few articles I've read, there was concern that the restatement of earnings that is due to come out, could be bigger then expected. Also, I am a bit concerned with how this reflects on management. Many other company's, at least that I am familiar with, that are also in the same situation have dealt with it much quicker. To name a few, Citrix and Saville systems have both already dealt with the situation, one deciding to report two numbers(which I don't like), and the later voluntarily restating, in an effort to put the situation behind them.
I hope you are right though, and it is just a matter of the sec being bogged down.