VERGISST CHECK POINT SOFTWARE! EIN NEUER STAR*****NETSCREEN********TOP-EARNINGS!!!!!! - 500 Beiträge pro Seite

[ANDY5]

Tuesday April 23, 8:10 pm Eastern Time
Reuters Business
NetScreen net loss narrows, ups fiscal guidance

(updates with executive comment, rival results in paragraphs 5-7; after-hours trade in penultimate paragraph; adds byline, changes dateline from SUNNYVALE, Calif. previous)

By Elinor Mills Abreu
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SAN FRANCISCO, April 23 (Reuters) - Network security appliance maker NetScreen Technologies Inc. (NasdaqNM:NSCN - news) on Tuesday reported a narrower second-quarter net loss, citing increased sales to government organizations as well as the financial and healthcare industries.

The company posted a net loss of $3.3 million, or 5 cents per share, compared with a net loss of $9 million, or 56 cents per share, a year ago.

NetScreen also raised its revenue expectations for the fiscal year ending Sept. 30, 2002, to between $132 million and $135 million, from between $130 million and $132 million.

``We seem to be bucking the trend at the moment, and I don`t think it`s all due to taking market share, which we are,`` Robert Thomas, NetScreen president and chief executive, told Reuters. ``But I think there`s still a healthy, growing business out there`` for network security products.

NetScreen hasn`t seen customers delaying or cutting back on projects, he said. ``There are a lot of big projects, where customers are going to spend millions of dollars and they seem to be on track.``

The company said it expects to post third-quarter revenue growth of between 7 percent and 9 percent over the second quarter. Operating expenses in the third quarter are expected to increase by 6 percent to 8 percent, excluding stock-based compensation, NetScreen said.

Also on Tuesday, Check Point Software Technologies Ltd. (NasdaqNM:CHKP - news) reported lower first-quarter profits from a year ago, saying customers had delayed projects and cut back on the size of orders. Last week, SonicWALL Inc. (NasdaqNM:SNWL - news) reported a first-quarter net loss and slashed its 2002 outlook.

NetScreen`s revenue for the quarter rose to $32 million, up 68 percent from revenue of $19.1 million a year ago, according to the Sunnyvale, California-based company.

Pro forma income for the second quarter, excluding non-cash stock-based compensation associated with stock options and deemed dividends associated with preferred stock, was $2.8 million, or 3 cents per diluted share, compared with a pro forma loss of $5.4 million, or 34 cents per share, a year ago.

The pro forma income beat analysts` average forecast for second-quarter earnings per share of 1 cent, excluding charges, according to research firm Thomson Financial/First Call.

NetScreen, which went public in December, sells devices that combine firewall and virtual private network software to block intruders from corporate networks.

Shares in NetScreen, which have dropped about 35 percent since the beginning of the year, fell 62 cents, or 4.4 percent, to closed at $13.40 in Tuesday trading on Nasdaq. They reached $14.65 in after-hours trade on Instinet.

The stock has underperformed the S&P Index since the beginning of the year, falling more than 39 percent while the S&P has dropped about 4 percent.








NETSCREEN!!!!

wird die neue Check Point!!!!

[ANDY5]

Dieses neue Produkt****killt alle Konkurenten***!!!!


NetScreen`s new `Ferrari` product

By Bambi Francisco, CBS.MarketWatch.com
Last Update: 10:53 AM ET April 15, 2002




SAN FRANCISCO (CBS.MW) - NetScreen Technologies, which has made a stir with low-cost security appliances, introduced a higher-end product Monday in hopes of keeping business momentum going.





NetScreen (NSCN: news, chart, profile), which four months after going public is seen as a challenger to leading security firm Check Point (CHKP: news, chart, profile), unveiled NetScreen-5000 Series, which provides up to 12 Gigabits per second firewall and six gigabits virtual private network performance.

Translation: It`s a firewall product that handles a huge amount of network traffic, suitable for large corporations or service providers with a multitude of customers. The product is designed to meet requirements of new applications, such as securing wireless local area network links, and emerging security threats, such as the ones posed by the worms and Trojan horse attacks.

"Once again, they`ve leap-frogged the competition when it comes to security performance in firewall and VPN. It`s created the Ferrari of security," said Sterling Auty, an analyst at JP Morgan, which helped take NetScreen public in December.

While NetScreen`s "Ferrari" product, priced between $99,000 and $300,000, might not sell like hotcakes in the current environment, it does broaden NetScreen`s suite of offerings. NetScreen`s lower-priced appliances have enabled the company to take market share from rivals, said Todd Weller, an analyst at Legg Mason, an investment outfit that didn`t participate in NetScreen`s IPO.

It also gives the company some marketing momentum between now and next week, and quite possibly enough hype until the company`s lock-up period ends this June. That`s the time when insiders can start selling shares. The stock, at $14.91, trades below its December IPO price of $16.

In June, 56 million shares, or 67 percent of the shares outstanding, come off lock-up, said Weller.

In an interview with CBS.MarketWatch.com, NetScreen CEO Robert Thomas said he would sell some of his shares that are currently locked up.

Short-term support

Still, for anyone seeking to play a recovery in the security market, NetScreen might be one to consider.

"If you`re looking for a stock in the firewall/VPN segment of the security market to play a second-half rebound, this is a good pure-play," said Legg Mason`s Weller, who has a "market perform" rating.

And the downside risk for the stock is limited, at least until next week when the company reports its quarter. Weller doesn`t expect the company to miss its numbers.

"NetScreen hasn`t pre-announced and if they haven`t yet, they won`t," Weller said.

Next week, the Sunnyvale, Calif.-based company reports its quarterly results for the second time as a public company.

Intrusion-detection security provider Internet Security Systems (ISSX: news, chart, profile) is expected to report results on Tuesday. Ahead of its report, ISS shares rose 5 percent to $22.14. Analysts surveyed by Thomson Financial/First Call expect ISS to report earnings of 11 cents on revenue of $59.5 million.

Firewalls/VPNs evolution

If ISS meets the sales number it would suggest that this sub-sector of the security space is growing faster than other security segments, Weller said.

The market for firewalls and virtual private networks, as evidenced by poor performances from Check Point and SonicWall (SNWL: news, chart, profile), has been growing slower.

This is the segment that NetScreen competes in and, by some measures, has been gaining share against leading vendors. According to an IDC survey earlier this year, NetScreen was the leader in shipments to the high-end market, with 57 percent market share, according to a report by UBS Warburg, one of the investment banking firms that helped bring NetScreen public. In the same report, Check Point ranked ahead of Cisco (CSCO: news, chart, profile) and SonicWall.

In hindsight, NetScreen`s CEO Robert Thomas believes that the company`s strategy to create a product that handled more than the current network load was a good step in the right direction.

"Back in 1998, NetScreen created a security appliance which allowed 100 megabits per second of data to go through it," he said. "No one needed that because it was four to 10 times the data that could be pushed through back then." Fast forward and in 2002, networks are pushing through two gigabits of data per second, said Thomas.

To this end, Thomas wants to stay ahead of the network curve and continually offer scalable, robust products that anticipate huge traffic.

"The very high end of the security market has been untapped until now because there had not existed solutions to keep up with customers` performance needs, especially for very large enterprises and Internet data centers," said JP Morgan`s Auty.

Other analysts believe NetScreen might have a long wait.

"Most of the world is still running on T-1 lines, and this new product is bandwidth intensive," said Weller. "I`ve seen no evidence that capital spending from service providers is coming back."

Indeed, an overall sluggish environment remains one overhang for NetScreen`s shares. The lock-up is the other.

Where are they now?

Every Friday beginning in May, this column will take a look at movers and shakers -- entrepreneurs, moneymen/women -- who took part in the tech boom. Who would you like to read about?

E-mail: [e-mail]

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Bambi Francisco is Internet editor of CBS.MarketWatch.com, based in San Francisco.






While NetScreen`s "Ferrari" product, priced between $99,000 and $300,000!!!!!!!!!

[ANDY5]

<----While NetScreen`s "Ferrari" product, priced between $99,000 and $300,000!!!!!!!!!

[Salameilakum]

vorbörslich


14 (1) 15.40 (5)

[ANDY5]

MegaPath Networks & NetScreen Technologies Offer Managed Security Services For Small Business & Enterprises
New MegaPath VPN High-Performance Broadband Access Service Integrates NetScreen`s Award-winning VPN And Firewall Appliances
PLEASANTON, Calif., April 24 /PRNewswire/ -- MegaPath Networks Inc. -- one of the nation`s leading providers of broadband access and network services for businesses and distributed enterprises -- today announced it is using products from NetScreen Technologies (Nasdaq: NSCN - news) to offer MegaPath`s small- to medium-sized business and distributed enterprise customers cost-effective managed security services. The MegaPath VPN service will be tightly integrated with NetScreen`s award-winning line of high-performance security appliances that integrate firewall, Virtual Private Network (VPN) and traffic management in a single, highly scalable device.

MegaPath VPN service is offered for businesses of all sizes to significantly reduce the cost and complexity of deploying and maintaining VPNs. More and more businesses are using VPN technology to provide secure business connections to distributed branch offices and teleworkers. Customers can now have NetScreen`s IP-based VPN and firewall appliance deployed for them and integrated with MegaPath`s business-class broadband access services -- at a significant cost savings per user.

``We`re excited to offer our large and small business customers an enterprise-class security service that is truly cost-effective compared with similar but more expensive security services,`` said Steve Kim, Senior Product Manager of VPN Services, MegaPath Networks. ``Especially compelling for growing distributed enterprises, the MegaPath VPN service based on NetScreen products is easily installed at the corporate headquarters to serve up to several thousand concurrent VPN tunnels to branch office and teleworker users.``

MegaPath VPN service is installed, monitored and maintained by MegaPath and will enable customers to establish up to several thousand IP Security (IPSec) VPN tunnels using up to 168-bit Triple DES encryption over MegaPath`s broadband access network. Since NetScreen security appliances are ICSA certified, the MegaPath VPN service enables MegaPath to provide customers with a tightly integrated broadband VPN solution based on open IPSec standards. The service benefits business users of all sizes since NetScreen offers a range of products to meet a variety of performance and business requirements. It allows companies to cost-effectively support remote users with secure high-speed connections to corporate networks.

``MegaPath is in a great position to provide its customers with a managed VPN service that is cost-effective, as well as easy to install and maintain,`` said David Flynn, NetScreen vice president of marketing. ``The beauty of the MegaPath VPN service is that customers can mix and match standards-based IPSec-supported devices with NetScreen`s broad range of integrated VPN and firewall appliances, enabling businesses to maintain their current network infrastructure investments.``

Because MegaPath manages all installations, customer service, technical support and billing, distributed enterprises have the unprecedented ability to easily and affordably deploy hundreds, or thousands, of DSL lines nationally. MegaPath also provides the benefit of value-added services that can be bundled with broadband connectivity service. Static IP addresses, routed connections, managed VPN services, security software and domain hosting are available.

About NetScreen Technologies

NetScreen Technologies develops ASIC-based Internet security systems and appliances that deliver high performance firewall, VPN and traffic management functions to enterprises and service providers. This approach offers customers performance, scalability, and manageability in one comprehensive security solution. NetScreen is located at 350 Oakmead Parkway, Sunnyvale, CA, 94085. More information on NetScreen`s products can be found at http://www.netscreen.com or by calling toll free at 800-638-8296.

About MegaPath Networks Inc.

MegaPath Networks Inc. is a business-class broadband access and network services provider that supplies high-speed access to the Internet and private networks, as well as network security, remote access, email, eCommerce and Web site solutions. MegaPath serves small, mid-sized and home-based businesses, as well as enterprise telecommuter markets and distributed enterprises from more than 3,200 unique Central Offices in 95 percent of major metropolitan areas in the mainland United States and Hawaii. MegaPath`s passion for customer care, including exceptional technical support and knowledgeable sales associates, continues to earn the company top ratings according to leading industry reviews.

For more information, visit the MegaPath Website at www.megapath.net or call 877-MEGAPATH (877-634-2728).

NOTE: MegaPath Networks® is a registered service mark of MegaPath Networks Inc.

This press release contains forward-looking statements about events and circumstances that have not yet occurred. For example, words such as ``will,`` ``expects,`` ``believes`` or other statements in the future tense are forward-looking statements. Actual outcomes and results may differ materially from expectations in this press release due to a number of risks and uncertainties. Such risks and uncertainties include whether such new products will be successful and whether products will perform as expected.

SOURCE: MegaPath Networks Inc.

[pinklady]

Man sieht es, es ist die neue Checkpoint.
Auch Checkpoint hat sich inerhalb kürzester Zeit von 80€ auf 20€ verschlechtert. Netscreen hat sich in dieser Zeit von 27$ auf 12$ verschlechtert.Was ist so besonderes an dieser Aktie daß man von Checkpoint auf Netscreen wechseln soll? Waren die Zahlen und die Aussichten so schlecht daß Netscreen heute wieder so abschmieren?

[pinklady]

Hallo Andy5
Was ist jetzt los mit Netscreen?
Hast du Informationen warum sie so abesackt sind?
Möchte bei Netscreen einsteigen, bräuchte aber ein paar Informationen über netscreen, aber auf Deutsch

[pinklady]

An ANDY5
Was ist den jetzt mit Netscreen los?
Unter 10$.
Sind das jetzt Kaufkurse oder gehts noch weiter nach unten?
Haßt du Informationen warum die Aktie so fällt?

[ANDY5]

pinklady

erstmal finger weg von netscreen!


in nächster zeit beginnt die lock-up periode!!!

Mfg

[Junkers87DStuka]

Andy hat 100 % recht

Nun wird erstmal der ganze vorstand und die ganze Firma verkaufen, danach so bei 2 $

[paule66]

Das Lock-Up ist am Montag, 10.06.02 ausgelaufen.
Es können jetzt 50 Mio Aktien zusätzlich verkauft werden.
Die Umsätze haben seit Montag stark angezogen, der Kurs ist aber erstaunlich stabil.