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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Jeffery E. Forrest who wrote (13869)3/17/1998 4:27:00 PM
From: Jeffery E. Forrest  Read Replies (1) | Respond to of 22053
 
Forget BAY

16:20 [BAY] BAY NETWORKS CITES WEAKER DEMAND IN MANY CUSTOMER SEGMENTS.
16:20 [BAY] BAY NETWORKS SEES Q3 REVS DOWN 10% FROM Q2 REVS OF $645 MLN.
16:19 [BAY] BAY NETWORKS SEES Q3 REVS, OPER INCOME LOWER THAN PRIOR GTR.
-----------------------
Sure am glad I didn't take it home tonight. Phew!



To: Jeffery E. Forrest who wrote (13869)3/17/1998 4:30:00 PM
From: Jeffery E. Forrest  Read Replies (1) | Respond to of 22053
 
MORE BAY
16:23 [BAY] BAY NETWORKS SAYS PLEASED WITH ACCELAR PRODUCT LINE.
16:22 [BAY] BAY NETWORKS SAYS Q3 CHARGE ON R&D FROM RECENT ACQUISITIONS.
16:22 [BAY] BAY NETWORKS SEES Q3 CHARGE OF $154 MLN, OR 67 CENTS/SHARE.
16:21 [BAY] BAY NETWORKS SEES Q3 GROSS MARGIN LOWER THAN Q2 51.5% LEVEL.


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