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


To: StockMan who wrote (5417)4/17/1998 2:52:00 PM
From: adam hefian  Read Replies (2) | Respond to of 6980
 
Someone called in at CNBC and asked about BAY.The portofolio manager guest responded that she will not buy BAY as BAY does not have what it takes in this industry,and advised that Cisco is the only buy as its the leader in this field.She advised him to stay clear of BAY.This is not the first time i have heard guests on CNBC being -ve on BAY.I have never heard anyone on CNBC say anything +ve on BAY for the past 3 years.The biggest shocker to all BAY holders will be the June Qtr,when BAY will announce a huge loss maybe as much as -0.25.Then you will definitely see single digits on the stock.I listened to the CC yesterday and it sure smells trouble for the June qtr.House is only relying on one product (Accelar) to get him through the June qtr,which i think is both dumb and stupid.Now i know why Intel decided to let House go.