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Technology Stocks : BAY Ntwks (under House)

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To: Ishmael who wrote (6525)6/15/1998 3:26:00 PM
From: George A. Roberts  Read Replies (1) of 6980
 
Damm, I am really clueless as to what to do ...buy sell or hold? Is this a cosmic sign of the top...a buyout that was supposed to be at a nice premium in reality turns to a very modest benefit to Bay shareholders.Is it serendipitous that the announced merger was on a big down day? Will Nortel bounce back? Did House know the quarter was a bad one, another miss and he is taking whatever he can get deal wise to avoid a revisit to the mid teens in share price?
George
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