BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: BayView who wrote (6928)	8/13/1998 1:03:00 PM
From: George A. Roberts	Read Replies (2) of 6980

I am getting somewhat worried. I have held this loser of a stock for more than two years and am wondering if this merger will have the stock value just hang around current value for a year or two? I am on the margin with my position in Bay and am livid with myself that I got stupid , greedy and whatever and did not bail at $37 recently. Is Nortel to Lucent what Bay is to Cisco? I have a feeling that holding second tier networking companies is not the way to play this market. Would I be better just selling Bay now at a modest gain and putting the money into cisco or Lucent ? The sell off and the market in general have me questioning Nortel/Bay...mr. market is telling us that it is not a great merger....I am glad I am not a current Nortel stock holder ,,we have caused them much pain ie a significant percentage of market cap on that company is down the drain with news of the merger... George

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