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

To: StockMan who wrote (3670)	1/21/1998 3:27:00 PM
From: Pierre Aydin	Read Replies (1) \| Respond to of 6980

Analyts know jack s___ without guidance from the company they are following, like people said on this BB, this downgrade is DMG's answer to the laughes Bay had during CC which I think was very unprofessional. The stock will be around 30 in couple of weeks hopefully. Pierre

To: StockMan who wrote (3670)	1/21/1998 3:29:00 PM
From: frank burch	Respond to of 6980

Not only that...he (DMG) can't imagine a five year trend going for six years. ?????????????????? Now that is sharp!

To: StockMan who wrote (3670)	1/21/1998 3:37:00 PM
From: rupert1	Read Replies (2) \| Respond to of 6980

Lucent buying Bay rumour discussed by Mark Haines of CNBC with CEO of Lucent this a.m. Haines said he had never seen so many rumours "on SI" and elswhere about any one company and its potential take-over targets. He listed BAY among others. Faber chipped in to ask if it was Lucent's October '88 pooling of interest deadline that was holding them up. The CEO was candid while observing the usual diplomacy. He is looking for acquisitions, including major acquisitions, which will be judged on their merits irrespective of the October date, but that pooling of interest issue is also a major consideration. The message was that as soon as midnight on October 18th or whatever the date is there will be a major acquisition. He was very relaxed and impressive and, I have to say, better than Dr. House who had just preceeded him. But he does have a better story just now. Mark Haines said he had listened to the BAY conference call. He was generally positive in his questioning and his final remarks about House turning BAY around. However, when he asked House about the next two or three quarters, with reference to Asia, House did seem to hesitate before saying that while everyone is concerend about Asia, he expects sequential growth based on "big wins" in China and Malyasia. Would someone like to solve the puzzle raised several times today by other posters. If Bay said in the conference call that it expects sequential growth in the next two quarters similar to the 7% and 11% growth in the first two quarters, how come analysts are concerned that 3rd quarter growth may be negative, flat or low? I realise that BAY said they would "try" to break the seasonal pattern, but did this phraseology imply that they were contradicting the first statement? Did the first statement about growth simply mean the second half of the year, taken as a whole, or did it refer to each of the 3rd and 4th quarters? Most of those who reported on the conference call on this thread said it was the former and not the latter. Vepoc

To: StockMan who wrote (3670)	1/21/1998 3:56:00 PM
From: rupert1	Read Replies (2) \| Respond to of 6980

Briefing Com. saying very positive things about BAY today despite downgrades. They give a nice little summary of the results and the upgrades and down. They conclude that BAY is poised for revenue and earnings growth. The say it is selling at a discount to other networkers. They print in bold type that BAY has forecast incremental growth in both the 3rd and 4th quarters. Old BAY watches will know that this is a bit of a conversion as far as Briefing Com. is concerned. Sorry I could not cut and paste or give a link: don't know how. Vepoc

To: StockMan who wrote (3670)	1/21/1998 4:41:00 PM
From: larry pollock	Read Replies (1) \| Respond to of 6980

If the analyst would have done his homework, he would have found that, for the March 1997 quarter, revenues were down sequentially from the preceding December 1996 quarter. Also, he would have found that the March 1996 quarter was down sequentially from the December 1995 quarter. Further, in the March 1997 earnings release, Mr. House stated that "the first calendar quarter of the year can reflect typical seasonal softness." If the analyst knew his stuff, maybe he would not have stupidly made the above statement.