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

To: rupert1 who wrote (4432)	3/6/1998 2:59:00 PM
From: rupert1	Read Replies (2) \| Respond to of 6980

Thread: I plucked this paragraph out of the BUY recommendation for 3Coms ---------------------------------------- " - Continued network expansion in Internet and intranets should continue to improve 3Com's profitability throughout the year, as well as other networking equipment suppliers such as Ascend Communications (NASDAQ:ASND) and Bay Networks (NYSE:BAY)." The full piece for those interested in 3COMS and the relevance of the INTEL story to the networkers is as follows: _____________________ RESEARCH ALERT - Day Traders On-Line Starts 3Com Corp. as Buy BusinessWire, Thursday, March 05, 1998 at 14:42 MONTEREY, Calif--(BUSINESS WIRE)--March 5, 1998--Day Traders On-Line (www.daytraders.com) said Thursday that their Trading Desk editor initiated coverage of 3Com Corp. with a buy rating and set a near term price target of $40 to $42 a share. -- Networking sector has limited exposure to computer and hardware pricing pressures recently seen in market. -- Continued network expansion in Internet and Intranets should continue to improve 3Com's profitability throughout the year, as well as other networking equipment suppliers such as Ascend Communications (NASDAQ:ASND) and Bay Networks (NYSE:BAY). -- Stock has recently put in "double bottom" at $28 a share level and has now started an up trend which may continue into the $40 or higher range. Attractive from a technical standpoint. -- Near term price target set at $40 to $42 based on chart and company fundamentals. Day Traders would consider 3Com Corp. an attractive buying opportunity at current levels of $36 a share or less (if seen) and would expect continued positive momentum over the next few months to higher levels. For further information on this and other short-to- medium term trading and investing ideas, please visit the company's website at daytraders.com or send e-mail to: info@daytraders.com. CONTACT: Day Traders On-Line, Pacific Grove, Calif. Ray Johns, 408/649-4545 info@daytraders.com daytraders.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1998, Business Wire Companies or Securities discussed in this article: Symbol Name NYSE:BAY Bay Networks Inc NASDAQ:ASND Ascend Communications Inc _________________________________ Victor