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Technology Stocks : ACT NETWORKS -- Ignore unavailable to you. Want to Upgrade?

To: TWC who wrote (2146)12/1/1997 5:34:00 PM
From: Oscar  Read Replies (1) | Respond to of 2326
 
On a day when the NASDAQ is up 30 and the DJIA is up nearly 200,
ANET slips to 8. The quarter will probably be made but the street
seems to be saying, "Show Me the Money!" My only guess as to what is happening is that the street believes that revenue will be met but that expenses will be way high.

Will ANET hit 6? I think so. And then they will be bought. If anyone, perhaps Cabletron will pick them up. Just a hunch.

Oscar


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