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Technology Stocks : ACT NETWORKS
ANET 130.85-0.4%Dec 24 12:59 PM EST

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To: Friend who wrote (2191)1/17/1998 12:34:00 PM
From: Ken Ridge  Read Replies (1) of 2326
 
Nice move on 1/16 on solid volume (up 3/8 to 9 1/8), but not as much as I might have expected given strong market overall.

Keeping the quarterly loss low was critical, and increase in revenues signals good things to come. Maybe we'll see a follow-through early next week. Bay Networks reports Tuesday, I believe, which could push ANET up on down on a sector basis, depending on their report.

Keep your fingers crossed!
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