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FEDERAL FILINGS
18:12 NetSpeak Corp. 13D(O):Bay Networks Has 11.2% Stake
FORM TYPE: 13D Original
ISSUER: NETSPEAK CORP.
SYMBOL: NSPK
FILER: BAY NETWORKS INC.
Contact: Bruce E. Schaeffer (650) 328-6561
CLASS: COMMON
SHARES OWNED: 1,334,171 11.2%
NARRATIVE DESCRIPTION:
WASHINGTON (FFBN) -- Bay Networks Inc.'s (BAY) holdings of
NetSpeak Corp. common shares are for investment purposes only. Bay
Networks has no extraordinary plans regarding NetSpeak.
As reported, the companies recently finanlized a joint
development and equity investment agreement between the two.
Under the agreement, Bay Networks acquired 1,300,000 NetSpeak
common shares.
/FEDERAL FILINGS CONTACTS: (202) 393-7856 FOR EDITORIAL,
(800) 487-6162 FOR DOCUMENT SALES,
(202) 628-8990 FOR NEWSWIRE SALES,
(888) FED-FILE FOR TECHNICAL SUPPORT,
& fedfil.com //
(END) FEDERAL FILINGS-DOW JONES NEWS 02-13-98
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