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Technology Stocks : BAY Ntwks (under House)

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To: ricky who wrote (5726)5/11/1998 4:29:00 PM
From: jkb  Read Replies (2) of 6980
 
I agree - this would be in the teens if it wasn't for the speculation. Here's a section from a Reuters story out this afternoon.

-Jay
________
In other trading, options on Bay Network Inc. (BAY - news) were active with the May 25 calls again drawing big
interest. They were among the most actively traded options on the Chicago Board Options Exchange, with almost
4,500 contracts changing hands.

''There is a battle...raging on Bay,'' Sunderman said in a report. ''The 25 strike in the May and June series is the
key level on this networking stock as the bulls and bears struggle in a tug of war fight.''
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