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Technology Stocks : BAY Ntwks (under House)
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To: Paul Fine who wrote (6544)6/15/1998 5:53:00 PM
From: StockMan  Read Replies (2) of 6980
 
Paul,
Re -- Nortel will probably make a less volatile core tech holding going forward(IMO).

You never give up do you. NT is getting beat by LU in the market place. Bay's earnings are irrelevant on the positive side, but relevant on the downside. NT's earnings are what will concern the street.

The enterprise war is really over, and most of Bay's products are still for the enterprise.

I agree that the stock will likely go up a few points in an up market.

Stockman
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