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Technology Stocks : Sonicwall Inc. - SNWL

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To: D. K. G. who wrote (56)3/26/2002 7:07:31 PM
From: D. K. G.  Read Replies (2) of 63
 
Briefing.com 3:16PM SonicWALL (SNWL) 13.47 +0.08: Shares are getting a small boost out of Pacific Crest intraday; names SNWL as "one of the undervalued plays in the firewall/VPN mkt;" believes that SNWL has one of the most defensible positions given its strong value proposition in the SME mkt and large base of VARs for distribution and sales efforts. Recent conversations with mgmt have revealed the co. is maintaining its focus in the SME market. Pac Crest rates current business fundamentals as "strong, even throughout the difficult IT environment." Shares trade at a discount to its growth rate.
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