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

To: Joanna Tsang who wrote (4847)	4/8/1999 3:28:00 PM
From: Wheats	Read Replies (1) \| Respond to of 6021

Yea, right -- its always the CFO's fault when the Sales Force can't deliver. Grow up. BTW, NETA is probably a good buy around current levels -- doesn't mean it can't go lower. But a year from now it should better than it does today.

To: Joanna Tsang who wrote (4847)	4/8/1999 3:43:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 6021

Joanna, I don't think Larson should step down, The CFO, what's-his-name, should!!! He deals with the finances...he did the math. He had direct impact on playing the numbers game...and he SHOULD take resposibility for his screw up! I couldn't disagree more. The accounting issue was part of a strategy used by many high-tech companies, and one that Larson fully understood and bragged about. What happened was the result of a confluence of events, but the principal factor right now is investors'lack of confidence in NETA's earnings visibility. First Call has published a revised 1999 earnings estimate of $1.63 and $2.13 for FY 2000. Given where the stock is currently trading it tells me that investors don't have much confidence in Larson. I know analysts are not thrilled by the guy. TTFN, CTC