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


To: Sonny Bui who wrote (5180)4/27/1999 7:59:00 AM
From: Capt  Read Replies (1) | Respond to of 6021
 
Buyback News from the H&Q Tech conference....

Network Associates (NETA: news, msgs) is "definitely evaluating" a stock buy-back program, said Bill Larson, the company's chief executive officer. The maker of anti-virus software has seen its shares slide from the mid-60s to the teens as it warned growth would slow. The decline has erased about $8 billion in market capitalization. The company also faces a number of shareholder lawsuits related to financial management allegations.