Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Liatris Spicata who wrote (4767)	3/17/1998 6:34:00 PM
From: Pravin Kamdar	Read Replies (1) \| Respond to of 6980

Well, so much for House having any integrity! From $35 to $26 in a couple of weeks on no news. Then the warning: biz.yahoo.com Looks like he got all his cohorts out before breaking the news. Pravin.

To: Liatris Spicata who wrote (4767)	3/17/1998 6:35:00 PM
From: bh	Respond to of 6980

biz.yahoo.com Tuesday March 17, 5:49 pm Eastern Time AFTER THE BELL - Bay falls on Q3 forecast NEW YORK, March 17 (Reuters) - Shares of Bay Networks fell in after-hours trading Tuesday as the computer networks company warned third-quarter results would be lower than expected. Bay traded at 25 after the bell, down from its unofficial close of 25-5/8. Bay, which makes equipment used to access the Internet, said it sees third-quarter operating income and revenues below that of the second quarter, when the company posted earnings of $0.27 per share. The First Call consensus estimate for the company's third-quarter EPS was $0.28. Bay also said it expects to take a charge of $154 million or $0.67 per diluted share related to acquisitions in the third quarter. Shares of U.S. Rentals Inc (USR - news) traded at 23 after the regular session, down from an unofficial close of 24-1/2. The equipment rental company said it sees first-quarter net income and sales falling below Wall Street's expectations. The First Call consensus earnings estimate for the quarter was $0.19 per share. The company reported earnings of $0.17 per share for its 1997 first quarter. Over an hour after the bell, shares of Jabil Circuit Inc (JBIL - news) fell over 7 points, trading at 32-1/4 after an unofficial close of 39-15/32, dealers said. The circuit board maker said it expects lower operating income in the second half of 1998 as a result of softer demand and new product transitions for existing customers. "Jabil is the big one right now," one trader said. The New York Stock Exchange said session one trading volume was 1.27 million shares Tuesday, compared with 729,100 during Monday's session. Session two volume was 5.68 million shares, compared with 1.42 million during the prior session.