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Technology Stocks : BAY Ntwks (under House)

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To: AA who wrote (5070)4/2/1998 5:52:00 PM
From: Bosco  Read Replies (1) of 6980
 
AA & all - AA, I don't see a big deal about this proxy. I guess we are spooked and feel everything has some extraordinary significance. The trend of the networkers is consolidation and stock is still a good currency - especially if pool-of-interest [better tax treatment] is used. BAY, or any co for that matter, should not try to increase max authorized shares for issuance at the 11 hour.

It sounds like BAY has a Right Plan. Again, fairly typical stuff. The important thing is for BAY mgt to fulfill its fudiciary duties if and when someone is proposing.

On a separate note, some minor news

biz.yahoo.com

Btw, guys, what a laugh, DJIA up 1.3% and my portfolio down 1.5%, thx to BAY <SG>

rgds Bosco
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