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Technology Stocks : BAY Ntwks (under House)
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To: Bosco who wrote (4875)3/19/1998 8:26:00 AM
From: missing  Read Replies (2) of 6980
 
Bosco, I have almost all given up on BAY after this last fiasco.
Initially I thought that it would be a turnaround candidate and didnt mind being a long time holder. But just think about it. The company's problems were blamed on management. They got a new "good" one. It looked like it was turning around and what do you see? Same stories of product transitions, charges and basically excuses. If you remember , the first crash and follow up excuses started in feb of 96 and not much has changes since.
IMHO, this is a chronically ill company that can not get its footing.
At this point my exit would be around 33 or so if Im lucky. One thing is for sure, 33 or not Im swapping Bay for CSCO and not looking back.

PS Bosco , you can use "he" instead of he/she for "missing". I assume the same applies to you as well.
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