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Symantec: Who's afraid of Microsoft? | |
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| Time: 08:40 EST/13:40 GMT | News Source: CNET | Posted By: Chris Hedlund | ||
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Symantec outlined plans on Tuesday to defend its large consumer security business, as Microsoft detailed its push to enter the anti-spyware and antivirus market. Company CEO John Thompson, speaking at a keynote speech and roundtable at RSA Conference 2005 here, said that Symantec would rely on the capabilities of its products to fend off the challenge. He said he would not rely on antitrust regulators, who keep an eye on Microsoft and the products it bundles in with its operating system. "I don't plan to go to the Justice Department and whine about Microsoft's monopoly," Thompson said. "I'd rather fight Microsoft in the marketplace, because I'm sure we'll whip them." Symantec's ability to defend its consumer business is critical to the company, given that half its revenue and its rapid growth have come from selling antivirus and other security software to home PC owners and small businesses. | ||
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| #1 By 3653 (63.162.177.143) at 2/16/2005 12:07:06 PM |
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Dont wave a red flag in front of a bull.
I will say that I'm impressed that Symantec's CEO made the statement "I don't plan to go to the Justice Department and whine about Microsoft's monopoly". Fight in the marketplace! |
| #2 By 9589 (68.17.52.2) at 2/16/2005 3:02:42 PM |
| The antivirus companies have been great shorts since mid December of last year! Symantec's, Trend Micros' and McAfee's share prices have fallen 25 - 35% since that time. |
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