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


To: Cruiser who wrote (3534)1/19/1998 12:25:00 PM
From: jethro  Read Replies (1) | Respond to of 6980
 
Cruiser,
you're right TA is like black magic, and i hope you don't quit your day job, i like talking to people at bay.
i have to disagree with you on the resistance level, a previous support level is just that-- a previous support level. our current resistance level is at about 29- after we break through this level the next resistance level will be determined. you can compare to previous support and resistance levels, but these don't really determine what the next resistance level is.

BTW i have a degree in economics and i'm a licensed stockbroker, but i don't practice because i don't want to sell my soul to the devil.

now can we talk networking or what, i'm studying for Microsoft Certification, and networking is so much more fun to talk about than TA.
jethro



To: Cruiser who wrote (3534)1/19/1998 12:33:00 PM
From: w2j2  Respond to of 6980
 
Boca Raton's Netspeak (NASDAQ-NSPK) hooked up Tuesday with
California-based Bay Networks (NYSE-BAY) to introduce customers to
the future of telecommunications.
Netspeak's products allow customers to communicate in spoken
words, video images and graphics via the Internet - using a computer
and/or a telephone. Bay Networks plans to integrate these
innovations into its networking products.
A Raymond James analyst described Bay Network's $37.6 million
investment in Netspeak (NASDAQ-NSPK) as a "huge development."
"This is the next generation of telecommunication products, " said
Phil Leigh, vice president for investment research at the Tampa
firm. "The deal was a very important move for both companies."
By forging a partnership with a 2-year-old company that had only
$5 million in sales in 1997, the $2 billion Bay Networks gains ground
in an area in which it has little knowledge but a great deal of
interest, Leigh said.
This technology allows customers to not only use more of their
senses, but to keep more of their cents, said Netspeak CFO John
Staten.
"Imagine your company has offices around the world - this allows
you to use one line and make phone calls to, let's say, Asia, at no
additional charge {using the Internet}," he said.
Staten called the deal with Bay Networks "our first major
partnership," but noted that in the past year, Netspeak has also
teamed up with MCI and Motorola, among other companies.