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Technology Stocks : BAY Ntwks (under House)

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To: Doug who wrote (4127)2/9/1998 4:07:00 PM
From: rupert1  Read Replies (3) of 6980
 
Doug: I predicted that share price would move to 29/30 before earnings; that earnings would be 29/30; that share price would move to a 31-33 trading range after with a spike, at least intra-day, to 35. I was right about pre-earnings, wrong about earnings, and almost right, so far, about post-earnings, since it did get to 31+.

An upgrade or two by a major house would help, and might materialise; I still think the 31-33 (up to 35) range is possible within the next three weeks. I think there may be backing and filling after this. Pull-backs may test 28. Then, subject to March industry surveys, I think it will test 37 before earnings.

In the second calendar half it will pass 55.

How's that for nerve - now you can throw the mud pies and offal!

Victor
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