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To: lin huan chen who wrote (14353)3/8/1998 1:28:00 PM
From: Mang Cheng  Read Replies (3) | Respond to of 45548
 
Lin Huan, it indeed looks like BAY is having some product transition problems right now. It's trying to backload March in order to meet the estimate as reported by thestreet.com (please see BAY thread).

BAY at $33, with p/e of 30 is too rich. It can easily drops back to the early $20s to make up a p/e of 20 something if the slightest sign of slow-down is apparent.

Mang