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Technology Stocks : BAY Ntwks (under House)

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To: DJ Levy who wrote (3230)12/18/1997 4:49:00 PM
From: Paul Fine  Read Replies (1) of 6980
 
DJ Levy: Both Schmidt(SNPX) and Severino(WFLT) left Bay when House came in over a year ago. Their contracts extended their employment(but not active management of the company) into 8/97. They can no longer be considered "insiders" and any option action on their part is most likely driven by contractual time limits than any firsthand knowledge about the company.

Paul
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