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


To: WiseGuy who wrote (5318)4/16/1998 5:04:00 PM
From: Gianluca Bacchiocchi  Read Replies (3) | Respond to of 6980
 
There were some positive forward looking statements too. Here is one from the press release.

"Looking forward, we expect to achieve sequential growth in revenue from the March quarter during the June quarter. We are confident that the revenue contribution from the Accelar product family will increase significantly because we will be shipping new models and have greater availability of the product line. Also, other new products that began shipping during the month of March will contribute to revenue for a full quarter. We will continue to aggressively control growth in operating expenses. Although we believe the effects of weaker industry demand and longer purchase cycles will persist in the coming months, we feel that our enhanced product portfolio gives us a stronger position to meet these challenges," concluded House.



To: WiseGuy who wrote (5318)4/16/1998 10:35:00 PM
From: The Phoenix  Respond to of 6980
 
lert: BAY SEES EFFECTS OF WEAK INDUSTRY DEMAND CONTINUING
IN
COMING MONTHS

Reuters Story - April 16, 1998 16:56

%US BAY V%REUTER P%RT


WHAT!!!! WEAK industry demand. WHAT PLANET IS BAY ON?

WEAK FOR BAY PERHAPS, BUT ASND BEAT AND SO WILL CISCO IN MAY. IT'S WEAK BECAUSE BAY CAN NOT COMPETE...

GARY