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Technology Stocks : BAY Ntwks (under House)
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To: bayhead who wrote (3606)1/21/1998 9:47:00 AM
From: WBendus  Read Replies (2) of 6980
 
Indications are 25 to 27. This is going to hurt and the culprit is the ESOP!! Read my earlier post for the negatives that are affecting the stock.

Bay may have also missed some higher end revenue estimates. I say an estimate for 450 million and .26 cents of earnings. It's tough to decide what to do short term because I think that the downward pressure will be overdone.

Another factor that I missed was the profit margins figures. The company has pushed the turn around further out into the future.

Wayde.
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