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Technology Stocks : BAY Ntwks (under House)

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To: Doug who wrote (3517)1/16/1998 4:32:00 PM
From: Paul Fine  Read Replies (2) of 6980
 
Doug- Only ASND made a significant move up. Bay was off 5/8 on slow volume, particularly given that it was a triple witching Friday. Both coms and cisco finished almost a point off of the day's high, so everyone gave up something as the day rolled on. I suspect there is still a little nervousness/uncertainty about the report on 1/20 and some people decided to not hold a position over the long holiday weekend. I would expect some volitility on Tuesday in front of the release of earnings after the bell as well(IMO).

Paul
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