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

To: Chuzzlewit who wrote (4632)	4/5/1999 12:38:00 AM
From: Joanna Tsang	Read Replies (4) \| Respond to of 6021

Hi, Chuz!!! *OT* Here are the 150 most PeopleMarked people and the number of active members who have PeopleMarked them. If someone is bookmarked by someone's page, how is that someone interpreted to be a spammer!!! If anything, I interpret that to mean that this person is very popular and has no harmful intention! I could see it the case of someone being a spammer ONLY if the person does a lot of postings on SI within a certain amount of time... I don't know! I'm clueless!!! :-) Either that or I don't know what you mean by "PeopleMarked"... Cheers, Joanna

To: Chuzzlewit who wrote (4632)	4/5/1999 10:38:00 AM
From: AlienTech	Read Replies (3) \| Respond to of 6021

I supose you can get an IPR&D writeoff as the result of a pooling through the application of SFAS 86. This is the standard that allows a company to capitalize costs of software developed for sale. It has a very high theshold, called "technical feasibility" before capitalization begins. Generally, I've found that 90% of total costs get written off before you reach the capitalization benchmark. However, if you had a pooling and the target had, in it's opinion, passed that threshold and had capitalized software developement costs, the acquirer could take the position that it had other plans for the software and that technical feasibility had not, in fact, been achieved. This would require a writeoff as a result of a pooling transaction. Oh the games people play. Lou

To: Chuzzlewit who wrote (4632)	4/5/1999 11:16:00 AM
From: AlienTech	Respond to of 6021

CSFB analyst reieterates a BUY and reports the following: Before entering its quiet period, NETA management appeared comfortable with our and consensus' Q199 $0.49 estimate. But we believe March would typically represent 45-55% of thequarter's revenue. NETA appears to be making progress in the resolution of its in -process R&D investigation by the SEC. We believe the SEC is reviewing 1998 and 1997 transactions. It appears likely that NETA will release its 1998 10K by theend of March. We believe NETA will announce Q199 earnings the week of April 19th. NETA's 1998 operating cash flow appears to have been equal or higher than net income. This would lend support to the thesis that revenue recognition has not been overly aggressive. We remain at a BUY rating.