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


To: Jack Colton who wrote (6380)6/10/1998 6:44:00 AM
From: The BayWatcher  Respond to of 6980
 
Although downgrade was from insignificant player, Briefing.Com did pick up on it today:

Bay slumped over one point... Yesterday, we noted on this page that stock could fall by more than 20% if takeover doesn't come soon, due to uncertain earnings picture... Should be noted that Goldis-Pittsburg also cut its rating from buy to sell...

On the + side, they also said the tech correction was over and that "you can take that to the bank." They expect short covering in next few days.