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Technology Stocks : BAY Ntwks (under House)

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To: rupert1 who wrote (4565)3/13/1998 3:12:00 PM
From: eric podell  Read Replies (3) of 6980
 
Victor: Would you please explain your rationale for price of 45-49 in half year. When I do the math that puts Bay at a 35-40 p/e for a company that has disappointed time and again. Believe me, I would love to see your prediction come true but had I done the math the last time we were in the forties I would have sold as a no brainer. Now i feel as if I have no brain. Up market or down market Bay is going down. Everytime I hoped in a stock in the face of sharp price decline I was wrong and the market was right. Here's hoping. p.s Suma, I feel your pain.
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