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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Scrapps who wrote (15377)5/13/1998 8:47:00 AM
From: Moonray  Respond to of 22053
 
Computer and Microelectronics Top Executives to Meet
08:18 a.m. May 13, 1998 Eastern

NASHVILLE, Tenn., May 13 /PRNewswire/ -- Top business and government
executives throughout the computing industry will be meeting to outline their visions
for the future of computing technology in Nashville, Tennessee, June 15-16.
Representatives from IBM, Compaq, Dell Computer, Intel, Hewlett- Packard,
DuPont, Iomega, 3-Com, Cyrix, and the U.S. Department of Commerce as well as
over 75 other electronic designers, suppliers and marketing executives to the
computing industry are set to discuss the rapidly changing industry.

guide-p.infoseek.com

o~~~ O



To: Scrapps who wrote (15377)5/13/1998 9:07:00 AM
From: DMaA  Respond to of 22053
 
Things might not be as rosy as they seem:

Heard on the Street
Stock Options' Effect on Profits
Faces Debate in Some Studies
By ELIZABETH MACDONALD
Staff Reporter of THE WALL STREET JOURNAL

Stock options have enriched thousands of corporate executives in this
raging bull market. The higher income-tax receipts on such gains have
even been credited with helping close the federal budget deficit.

So how concerned should investors be that overly generous option
grants are sucking the earnings power and value out of U.S. stocks?

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How the cost of employee stock option grants would have reduced
fiscal 1997 operating income at selected high-tech companies:

Company OpÿIncome(millions)ÿAfterÿOptions(millions)ÿ%Diff
3Com ÿÿ ÿÿ$563 ÿÿÿ$460 ÿÿÿÿ18.3%
Adobe Systems ÿÿÿÿ236 ÿÿÿ ÿÿ194 ÿÿÿÿ17.8
Cisco Systems ÿÿ2,136 ÿÿ1,884 ÿÿÿÿ 11.8
Computer Assc. ÿ1,034 ÿÿÿÿÿ 926 ÿÿÿÿ 10.4
Microsoft ÿÿÿ 5,130 ÿ ÿ4,672 ÿÿÿÿÿÿ 8.9
Silicon Graphics ÿÿ123 ÿÿÿ ÿÿÿÿÿ-9 ÿÿÿÿ ÿÿÿ--
Digital Equip. ÿÿÿÿ78 ÿÿÿÿÿÿ -37 ÿÿÿÿÿÿÿ --
Nat'l Semi. ÿÿÿÿÿÿÿ32 ÿÿÿÿÿÿÿÿ -7 ÿÿÿÿÿÿÿ --
Apple Computer ÿÿ-403 ÿÿÿÿ -465 ÿÿÿÿÿÿÿ --
Advanced Micro ÿÿÿ-91 ÿÿÿÿ-129 ÿÿÿÿÿÿÿ --
General Instr. ÿÿÿ-10 ÿÿÿÿÿ ÿ-33 ÿÿÿÿÿÿÿ --

Source: Bear, Stearns & Co.

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To: Scrapps who wrote (15377)5/13/1998 9:47:00 AM
From: Moonray  Read Replies (1) | Respond to of 22053
 
BEFORE THE BELL - Bay Networks <BAY.N> rises

NEW YORK, May 13 (Reuters) - Shares in Bay Networks Inc. rose in
pre-opening trade Wednesday after a news report the networking
company was putting itself up for sale.

Bay was up at 27-3/16 on the Instinet electronic broker network from
a Tuesday closing price of 23-15/16. The shares earlier had traded
at 27.

A news wire report published in Wednesday's Los Angeles Times said
the Santa Clara, Calif., company had rejected a takeover offer from
Canada's Northern Telecom Ltd. <NTL.TO> <NT.N> but was open to
higher bids.

o~~~ O