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Technology Stocks : BAY Ntwks (under House)

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To: Bosco who wrote (6699)6/19/1998 1:49:00 PM
From: Doug  Read Replies (1) of 6980
 
Bosco: Look at forecast at #6654.

The question I have pertains to post take-over. Assuming take over occurs close to current price. We are now holding NT and therefore concerned about the combined earnings.

I believe relative (base pre take over) earnings of NTL will drop by 20%. The question I have is does the current price reflect this. If so
,what can we expect NT to do on the first earnings announcement assuming Income decline by 20%.?

A: Price will hold b: Price will fall c: Price will rise.

I think if NT holds at current price, it is likely to decline.
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