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


To: RFF who wrote (4221)2/13/1998 11:16:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 6980
 
FEDERAL FILINGS

18:12 NetSpeak Corp. 13D(O):Bay Networks Has 11.2% Stake

FORM TYPE: 13D Original
ISSUER: NETSPEAK CORP.
SYMBOL: NSPK

FILER: BAY NETWORKS INC.
Contact: Bruce E. Schaeffer (650) 328-6561

CLASS: COMMON
SHARES OWNED: 1,334,171 11.2%

NARRATIVE DESCRIPTION:

WASHINGTON (FFBN) -- Bay Networks Inc.'s (BAY) holdings of
NetSpeak Corp. common shares are for investment purposes only. Bay
Networks has no extraordinary plans regarding NetSpeak.

As reported, the companies recently finanlized a joint
development and equity investment agreement between the two.

Under the agreement, Bay Networks acquired 1,300,000 NetSpeak
common shares.

/FEDERAL FILINGS CONTACTS: (202) 393-7856 FOR EDITORIAL,
(800) 487-6162 FOR DOCUMENT SALES,
(202) 628-8990 FOR NEWSWIRE SALES,
(888) FED-FILE FOR TECHNICAL SUPPORT,
& fedfil.com //
(END) FEDERAL FILINGS-DOW JONES NEWS 02-13-98
18:12