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Technology Stocks : BAY Ntwks (under House)

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To: jas cooper who wrote (5785)5/13/1998 11:39:00 AM
From: TOM KARIS  Read Replies (2) of 6980
 
bay could be bought out at $40 per share. this values the transaction at $9b. Which is 3.8 times sales. This should be no problem for a company with a strong stock such as LU or nortel.

asnd merged cascade for $3.7B - 9.7 price to sales
coms merged us robotx for $8.5B - 3.86 price to sales

why not
??? merged bay for $9.1b - 3.82 price to sales ($40 share)

Low $30's (Not in anyones wildest dreams would bay be sold for.)
good luck

ps. Could LUCENT announce a buyout using stock now and do the transaction in october or do laws not permit them even announcing a deal. HOW ABOUT YOU SEC LAWYERS OUT THERE. WHAT DO YOU SAY.
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