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Technology Stocks : BAY Ntwks (under House)
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To: Anthony Wong who wrote (6267)6/5/1998 4:35:00 PM
From: GAP  Read Replies (1) of 6980
 
With the other two buyouts this week setting values of companies with little product and less sales at outrageous levels, how is Bay NOT worth at least 10 Billion. That represents a share price of $45... and equals about 4 times sales. You guys all seem to know your way around this stuff - help a naive investor out - Why doesn't the market value this stock more highly, especially given the great strides it's made with product and clients in the past few months ?
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