
IBM IBM has agreed to purchase security company ISS ISSX in an all-cash transaction for $28 per share, more than 25% above our previous fair value estimate of $22. We have called
companies have released their second-quarter results, we are not expecting any negative surprises when Internet Security Systems ISSX releases its earnings next week. We will be particularly watching for growth in its new product segments
Internet Security Systems ISSX announced disappointing first-quarter results Tuesday. Although we are seeing weakness a bit earlier than we had anticipated
After a series of earnings warnings from security companies like Websense WBSN, Secure Computing SCUR, and Internet Security Systems ISSX , we can't believe Citrix is having any great success beyond its legacy thin-client products. We are
We will be reducing our coverage level of Internet Security Systems within the next few weeks so that we may focus our efforts on other companies. The thesis below was written December 17, 2002.
into the quarter as conservative, particularly in the light of bullish outlooks from rivals Symantec and Internet Security Systems ISSX . In our view, this was a classic case of outperforming low expectations. Check Point also benefited from
usual year-end budget flushing. This forecast contrasts with the more bullish views of rivals Symantec and Internet Security Systems ISSX , and implies Check Point is suffering disproportionately and may be experiencing a fundamental weakening
June-quarter results confirm our opinion that ISS stock is risky and should be avoided. Although the company met consensus expectations, the balance sheet raised several red flags. First, days' sales outstanding increased 7 (to 85) from the March period, which may indicate that the company extended
Today, he highlights Internet Security Systems ISSX , a holding in his fund. Why Appledorn Likes Internet Security Systems "We have long believed ..... electronic assets. "We think Internet Security Systems is one of the most attractive