Bay Networks (BAY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Bay Networks (BAY)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vector1 who wrote (3195)	3/4/1997 1:55:00 AM
From: Mang Cheng	of 4270

Yes to all, I am interested to see in the morning whether the 'big gun' that had been supporting BAY at the $19-20 level for the last 15 sessions will still support it. There is no doubt in my mind that Institutions had been buying anything available around $19 for the last 15 sessions. At this level, there is no advantage to anybody (except for a few brave souls who still short Bay at this level) to see Bay go down any lower since 58% of BAY is owned by institutions. The support should be strong at this level. I bet the effect of the lawsuit on share price will be minimal as everybody on this thread tend to agree. For % Institution holding, see wsrn.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next