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Technology Stocks : BAY Ntwks (under House)

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To: rupert1 who wrote (4853)3/18/1998 12:04:00 PM
From: Ken Twining  Read Replies (1) of 6980
 
Vepoc:
Right-On! Like I said yesterday after the earnings warning shortfall preannouncement, BAY isn't going to drop more, it already has! I don't know why this is hard for some to understand. The uncertainty already drove the price down, now, House is restoring order, qualifying a slow quarter seasonally,plus product transitions. Fourth quarter will make up the shortfall in the 3rd. Simple as that! The Market anticipates forward earnings, not past. This is a good story and a great buying opportunity in the not so long run! I agree!
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