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Technology Stocks : Bay Networks (BAY)
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To: jelrod3 who wrote (4252)4/25/1997 7:32:00 PM
From: John Messbauer   of 4270
 
If you set "Show active subjects for 24 hours" you will only see postings from that time frame foreward.

I have been long BAY a long time as well(too long). As for its future, I think we will get a good feel for it on May 6 when House announces the company's direction. If he doesn't announce any real new products that the street perceives as being able to capture a new market segment, the share price will stay flat or drop to single digits. The reason for that would be that the turn around is going to take alot longer an most investors don't want to wait 12-18 months. In addition other network companies are not standing still.
On the hand if he does announce something that the street really beleives will capture a market and competion has to play catch-up, the stock will move in the low $20's quickly.

regards.
John
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