Foolish Forecast: Symantec Sings
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Views you can use to get clues on tomorrow's news.
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A Wall Street analyst is predicting an assortment of new MacBook Pros and a good look at Leopard at next month's Worldwide Developers Conference.
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Plus: eBay warns of weaker 2008 results...Motorola profit shrinks, phone forecast dims...Apple posts good Q1, despite slow iPod sales...Microsoft expected to post healthy profits.
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The Motley Fool - Investors have unloaded on many software companies lately, such as Red Hat (Nasdaq: RHAT - News), Siebel (Nasdaq: SEBL - News), Novell (Nasdaq: NOVL - News), and so on. However, with the markets perking up this week, investors are a little more sanguine about the sector -- at least for those stocks that exceed expectations.
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The "smart money" is seeing value in the software sector.
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(InfoWorld) - Symantec will kick off its annual Symantec Vision conference next week with the first public release of its next-generation corporate anti-virus software, Symantec Endpoint Protection 11.0. Under the code name Hamlet, the product has been available to a select group of beta testers since March, but next week it will be released in a public beta, according to Symantec. Company representatives declined to reveal Hamlet's official product name, but it's listed on the Vision conference Web site. Hamlet will be a follow-up to Symantec's AntiVirus Corporate Edition, version 10. The new software is a major advance for Symantec, which has been working for more than a year to integrate firewall, zero-day protection, and network access control features into its anti-virus product. "This is the next major version of the code base," said Brian Foster, senior director of product management with Symantec's endpoint security group. "With this release, we're really focused on changing the game for anti-virus." In addition to performance improvements, Hamlet will be easier to use and to manage, Foster said. Hamlet includes code from two recent Symantec acquisitions. It will include firewall capabilities based on the Sygate Enterprise Protection software Symantec acquired in 2005. Another new feature will be SONAR (Symantec Online Network for Advanced Response), based on code that Symantec acquired as part of its 2005 purchase of Whole Security. Although Hamlet is a step forward, anti-virus vendorsÂ such asÂ Symantec are playing catch-up in the fight against malware writers, who are increasingly evading detection with a large number of low-circulation variants of their code, said Andrew Jaquith, an analyst with Yankee Group. "They still have work to do," he said. "I don't think Symantec is quite cognizant of the degree to which these variants are making their [research] labs a lot less effective." Symantec needs to add "much more comprehensive behavior blocking" and possibly "herd intelligence" capabilities that would allow users to directly identify and share information on the latest threats, Jaquith said. "Most of theÂ [anti-virus] labs are like fishing boats with a drift net," he added. "They are good at catching the big fish, but the bad guys are basically flooding the ocean with little minnows that are going right through the net." Symantec competitor McAfee is planning to announce a rival product to Hamlet next week relating to the company's "Total Protection for Enterprise with ePolicy Orchestrator security management software," a McAfee spokesman said Thursday. He declined to offer further details on the announcement, however. The commercial version of Hamlet is expected to be available later this year. Pricing has not yet been released. Symantec Vision runs from Tuesday to Thursday next week at the Venetian Hotel in Las Vegas.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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THE DEAL: Symantec Corp., best known for its Norton-branded software that fights computer viruses, is heading in a new direction with a $13.5 billion acquisition of data storage and backup specialist Veritas Software Corp.
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Plus: STMicro sees market recovery...VMWare profit rises as software sales climb...Amazon margins a concern...AT&T profit rises.
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Symantec is just weeks away from shipping a test version of the next major update to its Norton 360 desktop security-and-backup software.
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Plus: Novell sees weakness in IT spending...Salesforce reports rise in profit...Nortel to lay off 3,500...Intuit posts loss while revenue rises.
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There&#39;s good news and bad news on the security front. Internet security company Symantec Corp. on Monday released its Internet Security Threat Report, which provides a six-month snapshot
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Symantec on Tuesday announced that its first security suite for Windows Mobile devices, which was expected this week, will be delayed. An enterprise product should be available in June, but the consumer edition may be unavailable until the end of the year.
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Warm or hot? What you believe about the state of worldwide PC shipments in Q3 depends on who you listen to. According to Gartner, Inc.
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Software giant will publish advance notice of security bulletins.
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A Fool's prediction on the FDA's impending decision on approval.
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Blog: Symantec releases public betas for Norton Antivirus 2008 and Norton Internet Security 2008.
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A strategic update on the software giant's business is due Thursday, but analysts aren't expecting a repeat ofv surprises dished up last year.