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Technology Stocks : BAY Ntwks (under House)

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To: P.M.Freedman who wrote (6177)6/2/1998 7:23:00 AM
From: rupert1  Read Replies (1) of 6980
 
Thread: It's true, BAY is involved in an acquisition, if this posting from the Yahoo board is to be believed.
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Bay Networks to Acquire Netwave Technologies, Inc. Extending Wireless LAN Connectivity to Corporate Customers. Bay Networks, Inc. today announced that it has signed a definitive agreement to acquire wireless local area network (WLAN) company Netwave Technologies, Inc. for approximately $10 million.

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Now I understand why there has been so much volume and volatility in the stock - NOT! :-)

Keep selling at 28 and buying at 23-24!

Vepoc
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