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Technology Stocks : BAY Ntwks (under House)
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To: Anthony Wong who wrote (3591)1/20/1998 10:23:00 PM
From: Pravin Kamdar  Read Replies (2) of 6980
 
After listening to the CC, I wish I had more shares. The Accelar product is a big hit. Tomorrow, Bay will announce a product to replace the Baystack 350 that will "obsolete" in February what Cisco will offer in March! The only bad thing I heard was that they are diluting the shares at a rate of 8% per year due to giving out too many damn stock options. Oh well, the folks at Bay are doing a great job and they probably all deserve to become rich. I only hope some of those options are going to the engineers.

Pravin.
PS: The Dow Jones report should have said 39% international sales. 59% of sales was from products that did not exist a year ago.
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