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Technology Stocks : Network Associates (NET)
NET 78.78+0.3%10:31 AM EDT

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To: Tim Robbins who started this subject8/8/2001 11:05:53 AM
From: AlienTech   of 6021
Network Associates, Inc. (Nasdaq: NETA), announced today that it intends to offer, subject to market and other conditions, up to $300 million aggregate principal amount of Convertible Subordinated Notes due 2006 (excluding up to
an additional $45 million that may be issued upon the exercise of an option granted to the initial purchaser). The offering will be made only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933.

This news release does not constitute an offer to sell or a solicitation
to buy any of these securities. Any offers of the securities will be made
only by means of a private offering memorandum. The securities to be offered
will not be registered under the Securities Act of 1933, as amended, or
applicable state securities laws, and may not be offered or sold in the United
States absent registration under the Securities Act and applicable state
securities laws or available exemptions from such registration requirements.
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