BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: Frank Ferrari who wrote (5595)	5/1/1998 10:15:00 AM
From: George A. Roberts	Read Replies (1) of 6980

That type of response to a technology conference is just what the Doctor didn't order. Damm, looks like flat to down for the next three or four quarters. I think I may just hang it up and admit that I made a terrible mistake in not selling Bay when I was in the money. Further, in 1996 I should have bought Cisco rather than Bay...oh well live and learn. I hate taking the 3 grand bath but with reports like the one from Briefing I just do not see any real catalyst that will move this stock in the foreseeable future? House changed his tune drastically between the per earnings warning conference call to the postmortem conference call upon the earnings release. He went from declaring that earnings would exceed the December quarter substantially to 'we should see sequential growth from March' ...a huge mind set shift... George

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