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Technology Stocks : BAY Ntwks (under House)

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To: 5,17,37,5,101,... who wrote (4519)3/10/1998 10:51:00 PM
From: Paul Fine  Read Replies (2) of 6980
 
Why do you expect a rally on this downgrade? Has this somewhat obscure brokerage been a contrary indicator of Bay's stock price in the past? The Nasdaq recovered virtually all its loss of Monday on Tuesday, but Bay only recovered 1/2 its loss. Most of the other networkers were weak as well. I still say no one is going to get out in front of this quarter's earnings given the backloading uncertainty.

Paul
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