Symantec and McAfee Takes Direct Hit

Didn’t Microsoft kill Netscape? Maybe they have forgotten about numerous lawsuits regarding their monopoly stance. Apparently, both Symantec and McAfee has taken direct stock hits with Microsoft’s announcement on their security freebie called Morro.
Both the stocks of Symantec and McAfee has taken a nosedive in anticipation of declining sales following the freebie offering from Microsoft. Microsoft Live OneCare was probably a freebie as well but maybe Microsoft didn’t want to nudge anyone in the business; but now, they just don’t care.
In an excerpt: Following Microsoft’s announcement, Symantec and McAfee stocks took a nosedive Wednesday over concerns that the software giant …read more