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Technology Stocks : BAY Ntwks (under House)
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To: bh who wrote (6164)6/1/1998 4:07:00 PM
From: Ishmael   of 6980
 
It certainly looks like people closing out their positions. I think that there was a lot of speculation going on last Thrusday and Friday that the acquisition would happen friday or monday. Now with the whole sector getting beat down, I'm buying June 27.5s and July's as insurance in case BAY can't execute on the acquisition by June expiration.
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