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

To: Mark Kubo who wrote (5182)	4/27/1999 12:47:00 PM
From: mrknowitall	Respond to of 6021

It doesn't seem to get any better - they're telling employees they're going to reprice their options, too. Mr. K.

To: Mark Kubo who wrote (5182)	4/27/1999 5:26:00 PM
From: P.M.Freedman	Respond to of 6021

Agree with that it sounds funny that Bill L was talking about shares buying back. He blamed Y2K for the loss and now is trying to boost stock by a buy-back plan. At the first time, he thought the stock holders were fools. But this time, I believe he is a fool. It looks like the tops of NETA is running out of ideas. Don't they know the Street loves to see they use the cashes in hands to save the company itself instead of the short term stock prices.

To: Mark Kubo who wrote (5182)	4/27/1999 10:36:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 6021

>>Some even felt Larson's talk of a buyback was more vapor than Bactine. "How can they afford to buy back shares?" asked Nick Moore of money manager Jurika & Voyles. "Whose money are they going to use? His own? Because the company sure can't afford it." As a result, Moore called Larson's stock buyback suggestion "one of the most unrealistic statements you'll hear at this conference." << Nick Moore from Jurika & Voyles, which has $5 Billion under management, made a weird statement and disparaged Larson personally. The Street.com article mis-stated the current cash position of NETA in an over-all negative slant of the piece. The April 1999 Jurika & Voyles investment philosophy states as follows: "We believe that the market over-emphasizes near-term earnings visibility, especially revenue growth visibility, and that good judgments about longer-term value will provide strong returns for our investors. In this environment, investors are being well paid to take contrarian views..." "...A second theme of our portfolio, which has been characteristic of our style for many years, is an exposure to quality companies which are managing through challenges which we believe are short-lived. These stocks may be recovering from previous earnings disappointments, or implementing major mergers where we have confidence that management can create shareholder value."