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Technology Stocks : BAY Ntwks (under House)

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To: 5,17,37,5,101,... who wrote (5245)4/14/1998 11:29:00 PM
From: adam hefian  Read Replies (2) of 6980
 
BAY could reach 18 by next week if they report weak earnings and they fail to show analysts in the conference call that the June qtr will be strong.I believe that they will only make $0.08 for March qtr and $0.15 for June qtr.BAY will linger in the teens for some time to come.Institutions are all avoiding BAY because they believe that it has failed for good.Everyone is sticking with the winner-----CSCO.Over the past four years all networking stocks skyrocketed and split except BAY which drifted lower and lower making a new low last year at 14.Had one invested the same amount of money in CSCO or COMS 3years ago,they would have been much better-off than investing in BAY which would have caused huge losses.One learns not to follow losers anymore.As the saying goes,once a loser always a loser===================BAY.That also applies to BAY management as a whole.
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