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Technology Stocks : BAY Ntwks (under House)

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To: Typhoon who wrote (2989)12/4/1997 5:49:00 PM
From: Paul Fine  Read Replies (1) of 6980
 
To all: In case anyone was wondering why ASND moved up over 10% today, the rumor mill has started again re a takeover by Lucent or Nortel. Same stuff as in mid-October. Take away that stock's gain, and all the major networkers gave some back today. The good news is the drop today was on only a third of the volume we saw on the upside yesterday. Hope the Anixter(AXE) news posted continues across the board for all segments of the market for the balance of this month.

Paul
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