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Technology Stocks : BAY Ntwks (under House)
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To: otter who wrote (5597)5/1/1998 10:25:00 AM
From: ejsdad  Read Replies (1) of 6980
 
Technical Opinion from Prudential for what its worth:

Technical Highlights
As of 04/28/98
Bay Networks (BAY $24), rated a fundamental hold by the Prudential Securities Research Department, is in the process of firming against its December 1997 support area in the $21-$22 zone. Trading activity has begun to pick up on the upside, as the stock resists recent market weakness. Minor overhead resistance exists at $25 «, above which objectives to $29 and $34 exist.
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