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Technology Stocks : BAY Ntwks (under House)
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To: Pierre Aydin who wrote (3571)1/20/1998 5:23:00 PM
From: Filippo Zucchi  Read Replies (1) of 6980
 
I think even more striking is the difference in revenues and selling and general admin expenses for the first 6 months of this fiscal year vs. same number for first 6 months of last fiscal year. SG&A actually went DOWN in absolute numbers while revenues were skying. House has made a believer out of me. If they can make $1.20 this year and '99 estimates get bumped to the $1.70 range we could be in the low 40's in 6 to 12 months. If someone wants to buy them out they better pony up at least $47.50 a share. JMHO
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