BAY Ntwks (under House) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BAY Ntwks (under House)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Twining who wrote (6162)	6/1/1998 6:44:00 PM
From: Paul Fine	Read Replies (1) of 6980

The fund manager from Berger Select Funds that was on CNBC this morning was asked by a viewer about the potential for a takeover of Bay. He said that, while he knew nothing factual, he assumed it would be taken over sometime in the next 12-18 months. This is the manager of the best-performing fund in the country YTD! Gives you an idea of how little the so-called experts really know about the takeover. My guess of a takeover that would not be hostile(and thus lose alot of Bay people) is in the $35-$45 range. Another factor to consider is the potential acquirer's home country and securities laws, as well as current compensation plans. Some companies(and I believe Nortel in Canada is one) do not grant stock options to most(or any?) employees. Since this is normally a key component of compensation at hi-tech firms, incl Bay, they might have to sweeten the acquisition price to make employees whole. Just one more component to consider when guessing the possible takeover price. Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next