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

To: George Poonen who wrote (4399)3/4/1998 1:58:00 PM
From: jkb  Read Replies (1) | Respond to of 6980
 
Pretty wild day today. Up a point and now down a point. Guess WS is pretty confused on how to treat BAY right now. Heavy volume again.



To: George Poonen who wrote (4399)3/4/1998 9:48:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 6980
 
A few brokerage houses issued positive statements about Bay recently which were followed by weakness in Bay shares. The chart doesn't look good for tomorrow. I think an intra day low of $27.00 is reasonable followed by a close near $30.00 +/- $1.00. The Intel spook factor is at play with Asian crisis still looming. Also bullishness is fairly rampant now; a good shakeout is in order, maybe a 200 point drop in the Dow intraday IMHO.
Jackson


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