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


To: Doug who wrote (4563)3/12/1998 4:27:00 PM
From: rupert1  Respond to of 6980
 
Doug: Be happy that the slight fall today was on low volume. Nothing more to add to what I have already said. I think some of the pessimistic comments on this thread are a sign that the stock is bottoming. We were at this price with no complaints just a few weeks ago, actually lower than this. Since then we have had a nice sustained rally with a terminal spike. This is a correction and a consolidation. If the general market holds, then BAY will trundle along before gathering new strength soon. The March D'ell Oro (?) market surveys may help. Otherwise we just have to sweat it out for the results and all the exaggerated hopes and fears in between. Either trade the ups and downs or turn off for a month and come back when the results have been announced.

In response to some of the comments - a stock like BAY has got to reward big time to justify the volatility. Right now I think it will.

Victor
Victor



To: Doug who wrote (4563)3/12/1998 4:30:00 PM
From: rupert1  Read Replies (2) | Respond to of 6980
 
Thread: My last post yesterday talked of the price going to 55-59 in 4-6 months: I meant to say 45-49, as I have said before.

Victor