BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: w2j2 who wrote (6604)	6/16/1998 10:46:00 PM
From: John Messbauer	Read Replies (1) of 6980

Walter, I not disappointed. I am angry over the propaganda that has been told to the shareholders over the years. "Tomorrow is going to be better but tomorrow never comes". Typical hype from a company that has poor management direction. The only ones to benefit has been top management with their stock options and bonus for doing next to nothing. Press releases don't increase the value of a company-it's market share with product and service that meets the customer's needs. It's that simple. I don't disagree with you on the future, it will require both telcom & network companies to join forces. However, the market doesn't see this merger as positive as indicated by the large drop in value of NT. As I said in a post yesterday, the current value of the deal is about $5.7 million taking into consideration the cash BAY has and at todays share price. As far as Cruiser and others BAY employees, most companies would not stand for their posting on the Internet anything about the company they work for even if it is their opinion and not considered inside information.. I know for first hand experience. Therefore, Cruiser an others were used by BAY or they were feeding us the company line-a planned activity. I am very neg. to say the least but I have seen this happen a number times. I don't know if BAY needs NT or vice versa more. What I don't know is as shareholders we are getting the wrong end of the stick. When 3Com bought USRX they both went up, than down and up again. Time has shown maybe the deal wasn't as good as originally thought. However, the re-action here is a large neg. Maybe I am dead wrong. But I have been there and done that. Our only hope is a reversal of market perceptions or a shareholder vote against. Large mutual funds are our only salvation i.e. "they vote NO". Regards, John

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