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

To: Beachbumm who wrote (5605)	5/1/1998 1:34:00 PM
From: Roads End	Read Replies (1) \| Respond to of 6980

I think it is second tier boredom.

To: Beachbumm who wrote (5605)	5/1/1998 2:32:00 PM
From: Bruce D. Miller	Read Replies (4) \| Respond to of 6980

My god, enough whining! Investing is purely about making decisions. As an investor, I continually evaluate my strategy in acquiring, holding or selling a stock. Once you get emotionally involved, you are probably going to make the wrong investment decision. Believe me, I understand the frustration about the stock price. I will share with you my simple-minded thinking about the stock price. It is purely based upon public information: Scenario A: Bay recovers from the "bad quarter", this should result in some positive movement of the stock. You might argue that it will take multiple good quarters in that the stock has been broken. Could be. Scenario B: (Not my favorite) Bay shows a degree of weakness. Well, I am guessing that the company becomes a takeover target. The market cap is on the order of 5B$ with 1 B$ cash position and a strong/vertical technology portfolio. Once again, there should be some stock recovery. So, I am holding my position. No whining involved. Regards, Bruce