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Technology Stocks : BAY Ntwks (under House)
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To: Beachbumm who wrote (5261)4/15/1998 6:02:00 PM
From: Paul Fine  Read Replies (1) of 6980
 
The Cisco problem apparently is not seen as a big issue by Wall Street, since they bid Cisco up 3 points today to $70. Bay investors should be so lucky. Still, when was the last time we closed at the high of the day? The Street's willingness to disregard bad(pre-announced) numbers if the conf call says good things going forward is certainly a good sign for Bay on Friday(after earnings are released Thurs. night). I would not expect House to deviate from the optimistic view for the coming months that he gave in the Investor's Business Daily interview this past Monday. My only concern was his concern about June orders for Accelar slipping into July. I don't ride rollercoasters at the park, and I am getting a little nauseous of riding this one up and down and all around. A straight climb up(relatively speaking) would do my bloodpressure wonders.

Paul
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