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McAfee has continued to do well lately, together with other companies carrying the "internet" tag. The question is whether the functions performed by McAfee software can readily be replicated by larger players. McAfee is a very young company with a very short track record. I wouldn't bet the house.
McAfee is the leading vendor of network security and management products. IDC reports McAfee has 76% of the anti-virus market. A big online software distribution lets users try before they buy and recently they came to the rescue when Windows 95 was having problems. Also a quarterly earnings increase of 143% doesn't hurt. : )
Didn't they recently announce an anti-virus program that detects viruses before you down load them from the internet and prevents it from getting into your system. This is a first in the field since all other programs detect virus's after it has already been downloaded into your system. It seems that large corporations will be very quick to adopt McAffy's software since they have a lot more at stake and a lot more to protect. I believe McAffee will do well in the next few months.
Sanjai: You are correct sir!! WSJ had a small article, but that was about all I've heard. MCAF has reached a new high. Still might be a good buy!! I think people are paranoid about the internet. Viruses were one thing when you only had a stand-alone computer, but with the net it's a different story! Would you go to an orgy without condoms??? : )
Jay, Either you or someone can please post the primary product(s) of MCAF. It seems they are not a well know company. From what I understand they compete against the likes of Symantec for virus scanning software. Appreciate your comments and insights. Regards, Sanjai
I don't know much about MCAF - anitivirus and network security management market. Zack's estimates 4Q earnings at .35 over .15 last year. Over a 100% increase! Sorry about the late reply Sanjai, I'm a goverment worker and haven't been on the web (on the job) for a week.
Jay, Do you or anyone else have any opinions on whether MCAF will be headed back up any time soon? I haven't read anything about it since the WSJ talked about MCAF's software's ability to pre-screen for viruses before downloading. That was before it dropped about $10. Has anything happened or been printed since?
Kristina, for what it's worth I jumped in and then out of McAfee during the WSJ bounce. I don't have anything negative on the company, but I am concerned that their net security product may be a niche item that could be reproducible by the big players in the browser market. If Java applets catch on, I expect MSFT, Netscape, et al to build virus screens into their software. I suppose it's conceivable that MCAF is so far ahead of the others on this score that they will have to license MCAF code, but that seems unlikely.