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Strategies & Market Trends : Tech Stock Options
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To: SE who wrote (45952)6/15/1998 9:59:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 58727
 
Northern Telecom will exchange 0.6 share for each Bay share,
valuing Bay at US$38.21 a share based on Northern Telecom's
closing price Friday of 63 11/16 in New York. That's 35 percent
more than Bay's closing price of 28 5/16.

someone asked me a question and i didnt want to give a wrong answer so let me put it out here
because I have never been a party to this

if someone owned Bay but sold it today.....are they SOL on this merger exchange????
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