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Technology Stocks : BAY Ntwks (under House)

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To: jkb who wrote (3094)12/11/1997 7:17:00 PM
From: Paul Fine  Read Replies (1) of 6980
 
Hi guys: Sorry to have been absent for the last 90 posts or so the past 3 days! AOL finally added enough new art to their program that they overloaded my puny 8 RAM! Had to order new SIMMs. Just got my 32 RAM today, so now I'm cooking!!

Anyhow, we have seen the market do this often- Bad news is punished(perceived or real) much more than good news is rewarded. On the issue of analysts, does anyone have a line into DMG? Their analyst, Noel Lindsey, has called the turn on this stock better than anyone. He is the one who started the move up in August. Sure would like to know if his view has changed on Bay.

Need quite a move up tomorrow to avoid a real ugly week. Might be hard to do given the overall market(and tech) enviroment. The "good news" is that Bay almost recovered to yesterday's close before the market swooned at the last hour. However, it still finished just above the open price of the day. Not bad given how DJ and Nasdaq tanked.

Paul
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