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


To: jkb who wrote (3157)12/15/1997 7:39:00 PM
From: getgo234  Read Replies (4) | Respond to of 6980
 
To Jay and others:
Does anyone have a telephone number (preferably 800) that I can use to contact Bay's Investor Relations to strongly suggest they clarify the issue raised by the Motley Fool. I tried unsuccessfully to send an
e-mail via Bay's home page. The system would not allow me to complete
the subject line and therefore I could not send the message. If a telephone number is not available does anyone have an e-mail address to reach investor relations. I really think Bay owes us an explanation and they need to
do some damage control simultaneously. Thanks for your help.



To: jkb who wrote (3157)12/15/1997 8:20:00 PM
From: gs  Respond to of 6980
 
I think that the Fool lies. They say ".Bay Networks last week informing Donaldson, Lufkin & Jenrette analyst Stephen Koffler during a company visit that revenue growth would not meet expectations.

Specifically, Koffler stated in a research note published Wednesday morning that the company's line of routers would turn in flat quarter-over-quarter growth in the fiscal second quarter ending December 31. Koffler concluded in the note that Bay's router growth was "slowing considerably" and would not deliver the kind of results in fiscal 1999 that the company had originally planned on. "

That is Koffler's conclusion about Bay's router growth. This conclusion might be correct or wrong but it has nothing to do with the revenue warning in this quarter as the Fool wrote on Friday that Bay "just warned this week that quarterly revenues would not meet expectations".

The Fool does not want to admit the mistake they made and lies once more.