BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: Anthony Wong who wrote (6267)	6/7/1998 1:19:00 PM
From: john dodson	Read Replies (1) of 6980

I'm thinking the same thing. If buyout doesn't strengthen early next week, then we'll most likely see quite a bit of weekness in BAY trading. This last push -- by whoever is advancing/capitalizing on these BAY takeout rumors -- was focused for this weekend. The whole deal of BAY's board meeting to consider the $40 buyout offer by Nortel this weekend. If Monday comes with zero news, then that rumor appears untrue or misleading at best. Course it could all be true, and BAY just wants more than $40. My take is that if BAY is on the blocks that in addition to a fair price, they want to choose the right partner, not just the highest bidder. Oh well, we'll see, but my guess is we'll see no takeout this weekend/week with BAY. -John Dodson

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