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

To: Chuzzlewit who wrote (4849)	4/8/1999 4:02:00 PM
From: Just_Observing	Read Replies (1) \| Respond to of 6021

There's talk of repricing of Employee options If the options get repriced, the stock will languish at low levels for a while to come. Cost of a buyout will increase and employees exercising their options would slow the rise of the stock. Also, will enrage existing shareholders increasing the chance of lawsuits. This problem may be moot since we have at least 8 lawsuits filed since yesterday. Chuzz, You are the expert on these matters and I know that you've spoken on this issue before. What do you think? Thanks

To: Chuzzlewit who wrote (4849)	4/8/1999 5:32:00 PM
From: Joanna Tsang	Read Replies (3) \| Respond to of 6021

Chuz: 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. But won't this whole accounting practice contribute to investor's confidence? I mean, the analysts got cold water splashed in their faces... I would have more confidence in someone more if they own up to their mistakes and do something about it rather than sweeping it under the rug here. So who do you think should step down....Larson? The CFO guy? Nobody??? Is this company a victim of circumstance? Someone screwed up big time here... Cheers, Joanna