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Technology Stocks : BAY Ntwks (under House)
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To: WiseGuy who wrote (4791)3/17/1998 10:55:00 PM
From: rupert1   of 6980
 
RFF, Stockman and Paul T Vue: Thanks for the notes on the conference call. It is good to hear it from the horse's mouth, at last! Better than a lot of the donkey (bay)ing we have had to put up with in the last little while.

If they are saying, however jocularly, that the extra two weeks might have beeen enough for them to have made the estimates for the quarter, then perhaps the final figures for this quarter may still be in the low 20's - just a hope. Did they actually say that they are still hoping that some of the evaluations will become sales this quarter - and are these hopefuls not included in their revised estimates?

Based on your reports of the CC I think the analysts are going to have a hard time figuring what to do tomorrow and the next few days. I would not expect any sells, would guess that downgrades will be incremental and there may even be buys or reiterations of buys.

Personally, Im glad I sold one third of my position at $29 last week even though I felt robbed at the time. I will buy some more soon.

Victor
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