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Technology Stocks : Bay Networks (BAY)

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To: John Messbauer who wrote (3116)	2/26/1997 8:10:00 PM
From: Timothy Tashjian	of 4270

John,Bay is the cheapest networking stock around and has the best software around,and a good group of engineers and a very good worldwide sales force. How can you say single digits? If this stock falls it will be gobbled up by either INTC or maybe even CSCO. I think if this fell to 16 it would be bought out at 30-35 by either INTC,CSCO or maybe LU which is hiding tons of cash and likes BAY very much. What are your opinions here? Which stocks will bounce tomorrow?CSCC is still pretty expensive,but ASND is also looking for a partner,and I have been hearing grumblings they might buy out CSCC. Any comments?Tim

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