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


To: pjconrad who wrote (4587)3/13/1998 2:50:00 PM
From: RFF  Respond to of 6980
 
Vepoc,

With the recent price action, I hadn't even considered an upside surprise. I've seen the Street get burned before - hope that's the case here. I've also seen the Street bail out of a stock before the bad news becomes "public" - many times.

With the large volume and continual price slide, it seems like larger players are selling with some conviction. They could just be too nervous about the qtr to hold on, but it sure seems like a 25% haircut is enough to make up for some uncertainty.

I'm in for the long-term, just torn about buying more on this dip.