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


To: RFF who wrote (3259)12/19/1997 6:49:00 PM
From: Ken Twining  Respond to of 6980
 
BAY did close weakly, but I think it will open up on Monday! I'm long the stock and it seems the stock's price now reflects poor earnings this quarter...from 40 to 23 is quite a discount, dont't you think? With only on-target earnings, the stock should be at 28-30! Once we get some of this Asian uncertainly out of the market, this tech. stock and others will rally. Today could have been a lot worse!
Micron sure did rally!!