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


To: Duke who wrote (3346)1/2/1998 9:20:00 PM
From: rupert1  Read Replies (2) | Respond to of 6980
 
To Anybody: Having loaded up with BAY am a bit nervous. Anybody like to comment on price? The move from 25-26.5, was this exaggerated by thin market and low volume? Is the 25 level safe from retesting? Was the move to 26+ the techncial follow through from breaking the 25 resistance level? Any TA's care to comment where the next resistance level will be.

Any ambushes from warnings before earnings, if not from BAY then from other networkers. I assume that CISCO warnings would not come until after BAY's earnings.

What do people expect in price movement if earnings are met or slightly exceeded and management indicates that 1998 will see something like 20% growth.

Just trying to get a discussion going before Monday's action.

Vepoc