BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: rupert1 who wrote (4853)	3/18/1998 1:44:00 PM
From: Mang Cheng	Read Replies (1) of 6980

<Despite all the claims and counter-claims, nobody had hard negative news during the recent sell-off, neither analysts, nor institutions, nor the general public. > Victor, I can't believe in the above statement. Isn't a specific warning from the Company bad news enough ?? Today $2 up is a classic example of short sellers covering after the bad news was out. People in the know had been shorting BAY for the last few weeks - they are now just locking in their profit. If COMS is some sort of example, BAY will drift back down to $24 in the near term - after all the short covering is done - just a guess on my part. Mang

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