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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.001600.0%Nov 21 9:30 AM EST

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To: Scrapps who wrote (13932)3/18/1998 12:13:00 PM
From: Moonray  Read Replies (1) of 22053
 
RESEARCH ALERT - Bay Networks EPS view cut
Wednesday March 18, 10:04 am Eastern Time

NEW YORK, March 18 (Reuters) - Morgan Stanley Dean Witter said it
lowered its third-quarter earnings estimate on Bay Networks Inc. to
$0.10 per share from $0.26 after the company warned that its results
would fall short of Wall Street's expectations.

-- Morgan also lowered its 1999 earnings estimate to $1.30 per share from $1.55.

-- Bay Networks remained rated a neutral.

-- Morgan said it did not change ratings or earnings estimates for
Cisco Systems Inc. (CSCO - news) or 3Com Corp. (COMS -news). Cisco
was rated a strong buy, while 3Com was an outperform.


o~~~ O
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