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


To: 5,17,37,5,101,... who wrote (3821)1/25/1998 11:00:00 PM
From: Roads End  Read Replies (1) | Respond to of 6980
 
I simply don't understand the data you have posted. Could you please clarify. It is my take it was to be a positive. Thanks.
Steve R.



To: 5,17,37,5,101,... who wrote (3821)1/26/1998 12:19:00 PM
From: Lerxst  Read Replies (1) | Respond to of 6980
 
Please bear in mind that Ludwick, Severino and Schmidt's tenure as employees of Bay Networks was ended last fall. It may very well be that these exercises were of the "use it or lose it" variety.

They may have been forced into exercising at this time, but it is still positive that they didn't immediately sell.

Of more interesting note is that Rynne, our CFO, exercised and held his options.

Regards,

Lerxst