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

To: RFF who wrote (4278)	2/24/1998 9:58:00 AM
From: George A. Roberts	Respond to of 6980

This little blip on the tech conference may explain some of the weakness in price ??? Vice president Joe Kennedy at Bay Networks (BAY:NYSE) isn't holding his breath for telephone and computer technology to meld in a single Internet-based system. "The move to voice over [Internet Protocol -- the digital language of the Internet] will be much slower than expected," Kennedy told investors Monday afternoon. He believes that customers will experiment with the technology through 2000. Kennedy's prediction is curious, given the money that Bay and other networkers are pouring into this emerging technology. In January Bay acquired a 9% stake in NetSpeak (NSPK:Nasdaq), an Internet telephony concern, for $37.6 million. Kennedy made another forecast, which might reflect cloudy judgment -- "It will quit raining in California!" He hedged by declining to give a date.

To: RFF who wrote (4278)	2/24/1998 10:42:00 AM
From: Jurgen	Respond to of 6980

BAY is moving slowly, but it's moving. Take some optimism and add a little hope than it looks pretty good: Bay is in an uptrend started late last year, so far it raised 35% since 12/18/98. The uptrend is intact if it closes the week above 29.5. The projected range for next week is ~ 30.5 - 36.3 Moving Averages: 10-period 50-period 200-period Close: 31.34 27.39 29.80 Volatility: 42 71 72 Volume: 21,171 29,612 30,065 BAY NETWORKS INC is currently 6.1% above its 200-period moving average and is in an upward trend. The intermediate and long term technical outlook is bullish. Jurgen