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Technology Stocks : BAY Ntwks (under House)

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To: Kenneth E. Phillipps who wrote (6858)7/20/1998 12:03:00 AM
From: Ling Chen   of 6980
 
Re: Bay changed earnings announcement from Tuesday to Monday - Maybe, Bay wanted to
announce earnings before Alan Greenspan's message to Congress on Tuesday morning.
Greenspan is likely to talk about economic slowdown and especially a slowdown in industrial
production because of Asia problems.

I think it more likely that Bay wants to corprate with NT's earning
announcement. If Bay announce on Monday after market close and NT announce on Tuesday before market open, it is almost same as they announce together. There is no market trading time frame.
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