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Technology Stocks : BAY Ntwks (under House)

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To: Roads End who wrote (6645)6/18/1998 1:04:00 AM
From: Mang Cheng  Read Replies (3) of 6980
 
Let me express my opinion why NT price is down. NT price ramed up from $40 to almost $70 (up 75%) since Jan 98 because of the rumour that cisco is trying to buy out nt. Now instead of NT being bought out, it went out to pay a pretty high price for BAY, what do you think people holding NT waiting for a buy-out by cisco would do ??

This merger will be a very difficult one. coms bought usrx and got dragged down for one whole year and more to come, now just think about a cross-country major merger ! Analysts are going to wait at least six months before coming back to this stock.

Mang
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