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Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?

To: jkb who wrote (2936)	12/2/1997 4:28:00 PM
From: RFF	Read Replies (1) \| Respond to of 6980

3Com just announced a change in their accounting for inventory - sounds more like a write off to me. Basically forecast sales of $1.4B and marginal profits (vs. $.44 forecast). I think BAY mgmt will need to come out with a statement to reassure the Street or BAY will be whacked tommorrow. I just picked up another 200 shares today at $27 7/16 - looks like I bought to soon. It also looks like word of the 3Com news got leaked in the last hour of trading - BAY falling $3 1/2 late in the day.