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Technology Stocks : BAY Ntwks (under House)

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To: John Messbauer who wrote (5967)5/20/1998 11:41:00 AM
From: JDN  Read Replies (1) of 6980
 
Dear John: Because accounting rules would select the offer date as the date to apply the restrictions. Thus would have to be recorded as a Purchase not a pooling if offer made now. However, this works to our benefit I believe. If anyone ELSE wants to buy BAY they better act NOW. If they hold off to Oct. then they will be competing with LU which has a bottomless pit to buy with. JDN
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