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Technology Stocks : BAY Ntwks (under House)

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To: George A. Roberts who wrote (5342)4/16/1998 8:53:00 PM
From: John Messbauer  Read Replies (2) of 6980
 
George, BAY is dead money!!! You would do better in a "money market account".

I really believed House had his act together. IMHO BAY's problems haven't been fixed by House or his new management team after all this time. As a long term(4 years +) holder of quite a few shares, I will mark time and get out of this stock. I am tired of the misleading statements(playing game with words) and/or the lack of top managements knowing what is really going on. Announcements of new products are great if they can sell them. $.04 EPS is unacceptable for a company with $500,000,000 rev's per Qtr. Creditability sinks!!!My thoughts are based on all the events of the last year or so, not just today earnings announcement.

I really wish I could be more positive but enough is enough. I would welcome comments indicating where my thoughts are in error.

Regards,
John
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