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Technology Stocks : Network Equipment (nwk)

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To: Jeff Rosenberg who wrote (63)4/17/1997 2:06:00 PM
From: Arrow Hd.   of 107
 
-A number of analysts were concerned about the quarter but it came
-in on target. I have owned it before off the 11 low and it has
-responded so maybe we'll be lucky. One analyst I pay attention to
-has it as a "neutral" commenting that "the company may be somewhat
-challenged in this quarter". Also mentioned that NWK is on the
-verge of selling its new ATM products but do not expect that they
-will have contributed to sales in the quarter. So the future may
-be better. Maybe we will see some new recommendations and/or some
-upgrades to buy, etc.
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