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Technology Stocks : BAY Ntwks (under House)
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To: Beachbumm who wrote (4726)3/17/1998 4:26:00 PM
From: gs  Read Replies (1) of 6980
 
Bay Networks Inc. (BAY) 26 13/16 +1/8: computer networking concern is warning that it expects to record a sequential decline in operating income and revenues in Q3;
expects revenue to fall 10% below Q2 level of $645 mln as gross margins also fall; according to First Call, BAY was projected to earn $0.28 a share in Q3, vs Q2 net of
$0.27 and year-ago profit of $0.10 a share.....
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