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

To: Duke who wrote (2944)	12/3/1997 6:25:00 AM
From: joe feirouz	Read Replies (1) \| Respond to of 6980

NEW YORK, Dec 2 (Reuters) - Cisco Systems Inc dropped a point in after-hours trade Tuesday after 3Com Corp sent a cold snap through the computer networking industry with the news that it would cut inventory levels. 3Com, which also said it would see a slight profit in the second quarter, was halted for trade. "Cisco is trading low," a dealer said, specifying that the company's stock had fallen to 85-1/2, off an unofficial close of 86-1/2. Ascend Communications , also involved in computer networking, was hit with a three-quarter point slide. Dealers said Ascend's stock price, which closed unofficially at 23-3/4, fell to 23. As the session progressed, Cisco descended further to 85, traders said. And Bay Networks Inc , which closed at 27-3/4 on the New York Stock Exchange, was at 27-1/2 after the bell, dealers added. Bay Networks is the global leader in the internetworking market.