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


To: Cruiser who wrote (3500)1/15/1998 3:30:00 PM
From: Tom Kiblin  Read Replies (1) | Respond to of 6980
 
My fellow Bay friend, the story is as follows:

DEC has the GigaSwitch from an OEM relationship with Prominet which is now owned by Lucent, Cabletron now owns DEC's networking division, and now Cabletron owns YAGO who has Gig as well.

As an FYI to all CS and DEC folks, Bay is hiring talented engineers just incase your as confused as the public, come to Bay, the place to be!

So, the smart money would be the GigaSwitch takes a bath and becomes a non-product and all efforts are put forth on the YAGO product? Who knows. I especially liked the part of the YAGO purchase press release, that if CS stock still wasn't above I think $35 per share, CS had to fork over another 5.x million shares of CS stock!

Hey maybe if Cisco hurries they can still strike an OEM with Prominet, er, Lucent, for a Gig product since Granite did nothing more than make 40 people extremely rich and produced no shipping product yet.

Funny how the Weasels Analyst tried to manipulate us with his excuse we didn't ship Gig ports for Accelar, but no one has made public mockery of Cisco yet for their Granite purchase!

Tom