BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: Ken Twining who wrote (4641)	3/16/1998 6:47:00 PM
From: James Song	of 6980

>It's funny because Ascend, 3Com, nor did Cisco have good days either >today with the Dow up 116! I was long on BAY and missed the $41 peak. Then I sold all my BAY holdings before the last slide. It is not that I don't have faith in BAY any more. The problem I am having is that there are just too many network product vendors and they all have good products. It will not really make a big difference for users to use one or other vendor's product. In short, the market has a glut of products. In this case, it will be very difficult for BAY to grow at a rate that can stimulate the stock price up sharply. So I decided to get out for now. But I may get back again when the time is right. I would also hear what people are thinking about the market saturation issue. Good luck to all

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