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Technology Stocks : BAY Ntwks (under House)

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To: Pravin Kamdar who wrote (5731)5/11/1998 6:03:00 PM
From: Daniel Liberty   of 6980
 
Pravin, You are probably right about the price Lucent could pay in the fall. I understand they cannot do a stockswap until October 01, 1998. Apparently, this method has significant tax savings associated with it.

I've held Bay for 18 months now and watched it wax and wane. I'm about even but keep hearing about their great technology and the fact that Mr. House is a great manager. I hope something happens soon.

Ascend has looked very good lately.

Dan
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