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


To: Beachbumm who wrote (3584)1/20/1998 6:56:00 PM
From: RFF  Read Replies (1) | Respond to of 6980
 
Nice comments off Reuters:

> SANTA CLARA, Calif., Jan 20 (Reuters) - Bay Networks Inc's chief executive said on Tuesday he expected the networking vendor's strong sequential sales growth to continue over the next two quarters.

"If you look at the second half of our fiscal year, we see growth consistent with that over the last three quarters," when the company reported sequential increases of seven to 11 percent, said David House, Bay's chief executive.

House also said the Santa Clara, Calif., company had strong sales in Europe during the fiscal second quarter. Asia "was right on target," despite the region's economic woes. REUTERS
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