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

To: Doug who wrote (6407)	6/11/1998 1:37:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 6980

Doug, it shouldn't go much lower than $25/$26 as many people still believe that BAY would be acquired. Personally, I don't think Nortel is the buyer. I'm still holding.

To: Doug who wrote (6407)	6/12/1998 3:26:00 PM
From: Doug	Read Replies (1) \| Respond to of 6980

A.W: Here is an extract from the report for the last Q. "'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. Are there any known storm clouds that we should hedge against. Thx.