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Technology Stocks : BAY Ntwks (under House)

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To: Cruiser who wrote (3664)1/21/1998 6:50:00 PM
From: G. Richmond  Read Replies (1) of 6980
 
Cruiser/Lerxst,

Congrat's on another successful quarter. 2 positive things that were overlooked today amidst all the analyst BS were:

1. Bay has passed 3COM in the system business to become the #2 network player. 3COM dropped from $714M to $620M while Bay grew from $601M to $645M.

2. Straight from the Intel business school, as the competition, Cisco, announces a product to compete with the market leading 350T, Bay roll's out a better, less expensive upgrade 350T-HD to obsolete Cisco's yet to ship version. Well done.

So kudo's to all at Bay.

GR
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