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

To: WBendus who wrote (3290)	12/23/1997 2:12:00 AM
From: Greg Jenkins	Read Replies (1) \| Respond to of 6980

Here is the latest from AG Edwards: Recent Development: (12/15/97) Ratings change The shares of Bay Networks along with the rest of the networking hardware companies have been under sharp selling pressure over the last few weeks. Concerns behind the selling in the networking area have included: weakness in the Asia Pacific region, inventory channel levels and product transition concerns. We had a chance to talk to the company on Friday to discuss our assumptions for this quarter and going forward and everything seems to be on track. We are therefore going to take advantage of the recent weakness in the share price to raise our rating to a buy from an accumulate