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Technology Stocks : BAY Ntwks (under House)

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To: Doug who wrote (6231)6/4/1998 8:28:00 PM
From: Pravin Kamdar  Read Replies (3) of 6980
 
Doug,

I hope others will join in sharing other optimum strategies if any.!

Your option b is what I plan on doing. If House keeps his promise of letting the shareholders approve any buyout, it will be much harder for management to take sweetheart back room deals and declare it a done deal on the first announcement. I think a bidding war will break out and yield a price of $50 per share.

Pravin.
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