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Technology Stocks : ACT NETWORKS

ANET 129.83

-0.6%

Jan 16 3:59 PM EST

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To: O-MY-O who wrote (702)	6/3/1997 8:19:00 PM
From: Matthew Ghilarducci	of 2326

CableTron, Seagate, and Intel sparked the tech sell off today. Three powerful companies in different areas of the tech sector reporting (forthcoming) lackluster earnings will move the entire tech market negatively. Especially the small caps. The reasoning goes; "If the big boys can't rake in the dough, surely the tiny ones can't." If ANET was fairly valued, it would have fell more than a paltry 5%. IMO. Does this news change the outlook for ANET? I don't think so. MG

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