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Technology Stocks : BAY Ntwks (under House)
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To: Paul Fine who wrote (3100)12/12/1997 9:23:00 AM
From: WBendus  Read Replies (1) of 6980
 
Paul, you missed my sarcasm. I just want to unravel my hedge. I own the stock at 29 but because of my hedge have an opportunity to bring that cost basis down. I will probably unwind today because it looks like much of the selling the past few days in Asia may be over momentarily. Asia has been a major concern for investors in technology but that concern, as it has been traded in BAY, looks to be a bit over done in the short term.

Asia has many problems at this point, but just as buying stocks in the recession of 1990 paid off so handsomely, so to will buying stocks that are suffering because of Asia's economic turmoils today. The ride will be rough but I think we will like the destination two to three years from now.

Wayde.
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