Perhaps this news item had an effect??
RESEARCH ALERT - Networking stocks downgraded
Reuters, Tuesday, February 11, 1997 at 15:47
-- First Albany said it downgraded the computer networking
group.
-- Said 3Com Corps (NASDAQ:COMS) profit warning Monday raised
"significant questions about near-term growth of networking.
-- "Investment momentum in group has stalled," a report
from analyst Matt Barzowskas said.
-- The firm lowered Cabletron Systems Inc (NYSE:CS), 3Com,
Cisco Systems Inc (NASDAQ:CSCO), Ascend Communications Inc (NASDAQ:ASND),
Shiva Corp (NASDAQ:SHVA), U.S. Robotics Corp (NASDAQ:USRX) and Xircom Inc
(NASDAQ:XIRC) to neutral from buy.
-- Maintained Bay Networks Inc (NYSE:BAY) at neutral.
Copyright 1997, Reuters News Service
LONG AND HOLDING |
