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Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?

To: Arnold Layne who wrote (3235)	12/18/1997 3:17:00 PM
From: jkb	Read Replies (1) \| Respond to of 6980

<<someone bought 100,000 shares >> I knew something happened as we gained a point real quick here. Regarding Adam's post - I like Cruiser's thought. Adam should short at these levels. He will be v. happy come earnings time. -Jay

To: Arnold Layne who wrote (3235)	12/18/1997 4:40:00 PM
From: WBendus	Respond to of 6980

ARNOLD, I think that you will find that most insiders only aquire their shares through stock option programs. Rarely would they ever go to the market to buy second hand shares, because this does not provide any benefit to the company. There was a ton of buying in both CSCO and BAY at the bottom all the way up to the close. I think this may prove to be a significant bottom in the stock, and I took that action as an opportunity to take a virtual position in the stock via Friday's 22 1/2 options. Should the performance be genuine tommorrow, I will likely exercise some of them to add to my long postion in the shares. Wayde.