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Technology Stocks : BAY Ntwks (under House)

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To: Doug who wrote (6407)6/12/1998 3:26:00 PM
From: Doug  Read Replies (1) of 6980
 
A.W: Here is an extract from the report for the last Q.

"'Looking forward, we expect to achieve sequential growth in revenue from the March quarter
during the June quarter. We are confident that the revenue contribution from the Accelar product
family will increase significantly because we will be shipping new models and have greater availability
of the product line. Also, other new products that began shipping during the month of March will
contribute to revenue for a full quarter. We will continue to aggressively control growth in operating
expenses. Although we believe the effects of weaker industry demand and longer purchase cycles
will persist in the coming months, we feel that our enhanced product portfolio gives us a stronger
position to meet these challenges,'' concluded House.

Are there any known storm clouds that we should hedge against.

Thx.
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