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Technology Stocks : BAY Ntwks (under House)

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To: JDN who wrote (5198)4/9/1998 3:30:00 PM
From: George A. Roberts  Read Replies (2) of 6980
 
JDN, no I don't work at Bay, just a lowly shareholder getting clobbered in the stock market. The people working at Bay are making the only money, and they deserve it as I am sure they are doing their best. It just may not be enough to make me any money but I wish them well. I blame myself for choosing the wrong networking company. I wanted to get away from the semis two plus years ago and thought that the networkers were the future. I have not changed my mind, I just regret not choosing the right company to build my networking position with. I should have at least bought a some Cisco along with Bay. I choose the one I thought was the least "over valued" at the time using pe relative to estimates at the time. I further thought it a nice move when they went to New York . I had my chances to sell Bay for good money but I wrongly choose to add and hold thinking that with House Bay would bust out to new highs. Live and learn I suppose. I am now hoping to employ patience and get out with a profit on the next upward move to the thirties ,,,,I just hope it happens sooner rather than later ,,,or shall I be realistic and say i hope it happens at all ?
George
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