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Technology Stocks : Bay Networks (BAY)

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To: John K. Culley who wrote (2279)	11/21/1996 9:33:00 AM
From: Ramsey Su	of 4270

Jack, I think HOUSE is probably smart enough to pull an Amelio... By that I mean look to clean the books this qtr and write off everything possible. Reporting a loss is no big deal to him, blame it all on previous management. If he is going to take that action, I am not sure if the street will interpret that as negative. The network sector is so strong. BAY investors may be in for a pleasant surprise. Ramsey (bailed at 27 and looking to get back in)

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