BAY Ntwks (under House) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BAY Ntwks (under House)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eric podell who wrote (4589)	3/13/1998 3:55:00 PM
From: rupert1	Read Replies (3) of 6980

Eric: Analysts are predicting annual growth of between 25-30%. BAY has already executed the upper end of this range in some product lines. Reaction to new and upcoming product lines suggest that this will continue and broaden. I must disagree that BAY has disappointed time and again. Since the new management over the last 4 2/3rd quarters the only hint of disappointment was when the CFO announced after the first month of the 2ndQ in the Fall 1997 that revenues for that quarter were running ahead of estimates, or words to that effect. That caused the explosive run up in the price to 41. In the end, earnings for that quarter met but did not greatly exceed estimates. This disappointed the momentum optimists and the stock fell back. The idea that the Street knows something that BAY has not yet announced to the rest of us, or even to the analysts, is a bit silly. I realise that sometimes one has to suffer through these bouts of silliness. Good weekend to everyone from Europe! Victor

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next