Wednesday, May 04, 2005

Symantec to Post

Ok, we are watching symc with ernest today. They have their results coming out later today.
Veritas announced last night. Earnings result was better than last year but they have flaged caution for the next Q. Merger date should be announced soon between Veritas and Symc.
Symc should see continued growth from the back of renewed licence revenue from virus scan software and growth in licenses in India and China.
I am looking for about 10% from these guys over the next couple of nights and will then be looking else where.

Mips also held, down on them a fair bit but the PSP is the next ipod. Going to hold and attempt a power play in the coming weeks.

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