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Technology Stocks : Bay Networks (BAY)
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To: Timothy Tashjian who wrote (3130)2/27/1997 1:43:00 PM
From: Al Sinopoli   of 4270
 
The daily volumes of BAY should tell us something.
The trading activity in this stock is excellent; today,
for instance, at this time, it is higher, than IBM, GE,
and BA (3 stocks in which I also have position). It is
not going to take much for this volume to move this stock
rapidly upward when some positive news occurs, e.g., a
WS recommendation on BAY or industry, a House will-win
announcement (which he will do when he's ready), or a
positive 1Q report. I have been averaging as the stock
has been falling. I think it's terrific opportunity to
lower my average price.
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