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Thread: Symantec Hatred?

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  1. February 1st, 2009, 01:11 PM #1
    nihil
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    Smile Symantec Hatred?

    It would appear that people are starting to hate Symantec (Norton) and they are actually reflecting this in their financial returns?

    http://www.mercurynews.com/business/ci_11575914

    Software-maker Symantec posted a quarterly loss of $6.8 billion on Wednesday after deciding to take a significant accounting charge for declining goodwill value
    I thought that only banks and fannie may did that sort of thing?

    I wonder if they will get away with it...........are the IRS and Federal Reserve that stupid.

    Nice corporate tax scam if it works though

    In fact, all props to their CFO..............that is the smartest financial move I have seen sofar this recession.

    My sentiment would be strong buy if you are in there for the long haul.
    Last edited by nihil; February 1st, 2009 at 03:53 PM.
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