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

To: RFF who wrote (4732)3/17/1998 4:48:00 PM
From: ravi mali  Respond to of 6980
 
Any trading activities after market closed



To: RFF who wrote (4732)3/17/1998 4:49:00 PM
From: RFF  Respond to of 6980
 
Looks like a one qtr product transition hit. House said that the June qtr will beat the Dec qtr.

Also heard from a guy at a reseller that BAY had a retreat last weekend and they were very upbeat about their future prospects based on the new products already introduced and those still coming down the pipe.

Hope that the 30% slide has factored in this warning.



To: RFF who wrote (4732)3/17/1998 5:22:00 PM
From: WBendus  Respond to of 6980
 
Holding all other Inc. Statement lines constant, It looks like Bay will report a profit of about 15 cents, assuming that their tax rate is no different this quarter. This could be slightly better since there will be a write off in in-process R&D from the new oak aquisition.

None the less, it is ugly.

Wayde.


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