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


To: Frank Ferrari who wrote (3563)1/20/1998 4:58:00 PM
From: WBendus  Read Replies (2) | Respond to of 6980
 
Bay reported Revenues of $644.9 million and net income of $47.5 mill or .22 cents per share. The results include a $12.0 mill (net of tax) charge against earnings, therefore earnings were $59.5 mill or .27 cents a share. This marks a 7.3% sequential rise in revenues over Q1.

Numbers look pretty good so far, but I think tonights close fairly priced this surprise. Now it is up to Dr. House to spin the numbers to the analysts and try to encourage some upgrades in the morning.

Wayde.