McAfee, maker of antiviral software, plans offering to build on its success

Article Abstract:

McAfee Associates prepares for a public offering of shares of its shareware business. McAfee's antiviral shareware is distributed exclusively via computer bulletin boards and online information services. The company writes in its prospectus that over 10,000 licenses for its software are held by corporations, government agencies and institutions, as well as 66 Fortune 100 companies. The high rate of registration compliance can be credited to its relatively low registration costs, as well as companies regularly checking for unlicensed software in use on corporate microcomputers. McAfee's revenue increased to $6.3 million during the first half of its fiscal year, an increase of 133 percent, due in large part to the panic caused by the widespread Michelangelo virus. The company expects $7 million in shares to be sold at a price of between $13 to $15 per share, with founder John D. McAfee retaining $63 million worth of stock.

Computer viruses, Virus, Shareware (Software), Public Offerings, Shareware

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Symantec, Network Associates trade places

Article Abstract:

Network Associates Inc. has lost over two-thirds of its stock-market value, roughly $7 billion, while rival antivirus software maker Symantec Corp. has achieved a market capitalization of almost $1.65 billion. The CEO of Network Associations blames the situation on a business slowdown due to year-200 computer bug worries. Analysts say that Network Associates is suffering for having tried to meet its sales goals by delivering too many products to its distributors, a practice sometimes called 'stuffing the channel.' The firm won't discuss the issue, due to shareholder suits brought against it since the April plummet of its stock. While Network Associates has extended its product lines through acquisitions, Symantec has extended its product lines by way of partnerships. Analysts think the partnering approach is working and will work better in the long run. Others think Network Associates will recover from its slump.

United States, Software Publishers, Computer Language Software ex Military, Symantec Corp., SYMC, NETA

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As Blyth continues transformation to software firm, investors take notice

Article Abstract:

The stock of Blyth Holdings Inc has risen from about $4 in Sep 1992 to $23 on Feb 4, 1993, as investors respond warmly to the company's efforts to transform itself from a vendor of relational database management systems (DBMSs) for desktop computers to a specialist in client-server computing. In client-server computing, mainframes and networks of microcomputers work together to boost productivity and cut costs. In Jan 1992, Blyth rolled out Omnis 7, an upgrade of its microcomputer-based DBMS. The new product was clearly aimed at the client-server market. Blyth has seen its revenues for the nine months ending Dec 31, 1992, rise 71 percent to $8.3 million. However, three straight quarters of profitability ended with a loss of $260,914, or six cents per share, for its FY 3rd qtr. Blyth Holdings CEO and Pres Michael J. Minor says the company is still transforming itself and calls its target market 'immature.'

Holding companies, not elsewhere classified, Software, Finance, Marketing, Database management systems, DBMS software, Revenue, DBMS, Client/server architecture, Increase, Relational Data Base Management Systems, Blyth Holdings Inc., BLYH, Omnis 7 (DBMS)

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