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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (25973)	10/15/1997 8:06:00 PM
From: Judy	of 58727

Hi, OJ Networkers will wait for CSCO to report, for the general sets the tone for the sector. If CSCO confirms that networking will be on a tear, then it's off to the races. Otherwise, things will stall another quarter ... which I doubt. Within this context, BAY should be trading range bound and needs time to fill the gap from whence it fell years ago. Given today's report confirms BAY's recovery, I may switch my commons to yr 2k leaps. Where the heck did you get 50-60 as a target price? Analysts have yet to change their tune for BAY. And until they do, the blocks will not buy so don't expect large moves. To all: Please post any analyst revisions for BAY that come to your attention. Thanks.

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