Bay Networks Inc chief financial officer David Rynne says that the company expects revenues to be on the rise in fiscal 1998, following flat revenue for 1997. How much of a rise is still a mystery, though. Bay recently reported third quarter revenues off 1.7% at $512.9m (CI No 3,141). For the year-to-date, revenue was up 1.9% at $1.55bn. Analysts expect a profit of $0.11 a share for the fourth quarter.
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