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

To: Sharise Brown who wrote (4881)	4/9/1999 12:31:00 PM
From: Just_Observing	Respond to of 6021

Aspect Development is a somewhat different story Aspect on April 2nd announces that their quarter is going to come in at 14 million instead of 25.5 million - over a 40% shortfall. Earnings were going to be nil except for a 3 million one-time gain NETA says that the quarter is coming in at 240 to 245 million instead of 283 to 287 million. Earnings expected to be 30 cents instead of 48. ASDV had 75 million in cash and they are using 25 million to buy back stock. The stock has fallen from a high of 45 this year to 7 3/4. I think it had done all the bleeding it could have done. IMHO, the stock buyback may have prevented a one or two point decline. NETA is rebounding nicely today. Up 15.6%