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Technology Stocks : BAY Ntwks (under House)

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To: JDN who wrote (5974)5/20/1998 8:17:00 PM
From: John Messbauer  Read Replies (2) of 6980
 
JDN, makes sense. Thanks for your the input and the others who replied.

Personally, I perfer LU over Nortel. Mainly because I feel LU will offer a higher per share price, which I think is justified. $35 per share is to low for a company like BAY when you consider the cash they are holding. I read it is around a "BILLION"! If House entertains anything less then $50 a share before earnings for this qtr. it will send a clear signal that the qtr. is going to be alot less then est. I will sell on the spot if House says it a good deal for either the company and/or shareholders.

Regards,
John
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