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Technology Stocks : BAY Ntwks (under House)

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To: eDollar.com who wrote (3048)12/10/1997 11:13:00 AM
From: G. Richmond  Read Replies (1) of 6980
 
Earnings will most likely come out ~ 3rd week in January. As I recall, Bay told the analysts in there October call that they expected a bump as they go thru some product transitions this quarter. I also think they may have some Asian flu as well. Looks like smart money expected this back in October when they got out in the 40's.

Here's the silver lining to this cloud, Bay like any well managed company has a good handle on what's going on and doesn't wait till the quarter closes to say they came up short. Microsoft and Cisco also came out today with similar " guidance " to analysts.

GR
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