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Technology Stocks : BAY Ntwks (under House)

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To: Arnold Layne who wrote (2834)11/19/1997 8:05:00 AM
From: The BayWatcher  Read Replies (1) of 6980
 
According to a recent morning note from Salomon, they do not think BAY will exceed estimates this quarter but they see very good prospects in the following quarters and reiterated a BUY. Since BAY closed last year at 21, there will be no tax loss selling in BAY as opposed to ASND or COMS (both of which I own & am very long). After owning BAY for much of 1996 and 1997 & regretfully selling in mid 20s and 30s, I'm ready to re-buy my namesake stock. Will probably take an initial position this week although I wish I had done so last week. Oh well.
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