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


To: Beachbumm who wrote (5261)4/15/1998 6:02:00 PM
From: Paul Fine  Read Replies (1) | Respond to of 6980
 
The Cisco problem apparently is not seen as a big issue by Wall Street, since they bid Cisco up 3 points today to $70. Bay investors should be so lucky. Still, when was the last time we closed at the high of the day? The Street's willingness to disregard bad(pre-announced) numbers if the conf call says good things going forward is certainly a good sign for Bay on Friday(after earnings are released Thurs. night). I would not expect House to deviate from the optimistic view for the coming months that he gave in the Investor's Business Daily interview this past Monday. My only concern was his concern about June orders for Accelar slipping into July. I don't ride rollercoasters at the park, and I am getting a little nauseous of riding this one up and down and all around. A straight climb up(relatively speaking) would do my bloodpressure wonders.

Paul



To: Beachbumm who wrote (5261)4/15/1998 9:39:00 PM
From: BULL  Read Replies (2) | Respond to of 6980
 
Beachbumm

<<I suppose we should not gloat in the misfortune of our competitors (since it could easily happen to us as well) but this does make for delightful reading. >>

I guess the market saluted CSCO with a 3 point rise today. Who said the markets are rational.

I am looking for a continued rally in BAY tomorrow prior to the earnings report (ala ALTR today), assuming the market cooperates and we do not have a down day. Any thoughts?

BULL