BootJT

Symantec Reports Wednesday: A Buyout Looks Like the Only Option

Kris is dead on ! Don't get fooled by the numbers and guidance ! They are making those numbers by actually reducing cost by RIFs. Just before the quarter is coming to end, they are RIFing people. This approach will end of loosing many key people from the company and it would be worth more like $3/share (no I don't have the science - it is just a random number - no different than $19 it is trading now.) Some of the recent acquisitions are also questionable, as they already have products with such capabilities in-house. They didn't have to go out and buy duplicate products.