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


To: Anthony Ho who wrote (6023)5/23/1998 12:34:00 AM
From: Ben Antanaitis  Read Replies (1) | Respond to of 6980
 
There is a theory that the volume and strike prices of the open interest of a stock (the options) might cause the stock's price to close, on expiry day, at a point where the most options expire worthless. This is called the point of Maximum Pain. I have plotted and tracked the Max-Pain point for various tech stocks over the past several months.
The graphs of the results are posted at pipeline.com in the Options Analysis section.
There is a link to a worked out example that explains the technique.

I added BAY to the study and the early look at the June'98 options are presented.

Ben A.



To: Anthony Ho who wrote (6023)5/23/1998 1:47:00 AM
From: blankmind  Read Replies (1) | Respond to of 6980
 
Friday May 22, 8:59 am Eastern Time
Company Press Release
Bay Networks Introduces BaySecure Access Control V2.1 for UNIX/Solaris
-- Expanded feature set includes SQL database interfaces, VPN tunneling control management, enhanced JAVA/Netscape admin., and expanded third party authentication system support --
SANTA CLARA, Calif.--(BUSINESS WIRE)--May 22, 1998-- Bay Networks,(R) Inc. (NYSE:BAY - news) today introduced Version 2.1 of BaySecure(TM) Access Control (BSAC), its Remote Authentication Dial-In User Service (RADIUS) Server for UNIX/Sun Solaris environments. BSAC incorporates user authentication, authorization, and accounting solutions for enterprise and service provider environments. As the industry's only RADIUS server optimized for Solaris, NT, and Netware environments, BSAC also differentiates itself in the market by offering SQL database interfaces, VPN tunneling control management, embedded databases, IP/IPX address pooling, support for competitive vendor-specific attributes, and integration with various external authentication regimes.

Supporting Bay Networks' Adaptive Networking access strategy, the BaySecure Access Control V2.1 RADIUS server is key to transitioning today's networks to the IP-optimized networks of tomorrow, offering customers a fully manageable, dial-in security solution for seamless remote network access.

''BaySecure Access Control will continue to lead the pack as a crucial security component to a corporation's remote access outsourcing needs,'' said Kelly McGovern, vice president of marketing, Bay Networks Internet/Telecom Business Group. ''BSAC is well positioned as both an enterprise and service provider RADIUS server through its rich features which also make it a highly desirable solution for Extranet/VPN value-added solutions.''

With support of a SQL database interface for Oracle and Informix, BSAC V2.1 allows an enterprise and service providers the flexibility of utilizing pre-existing user databases for authentication purposes, thus saving time and trouble of maintaining multiple databases for managing remote users. BSAC also offers its own self-contained relational database as an option for those sites who may not utilize an external database.

Equipped for supporting the enterprise need for outsourcing remote access operations to service providers, BaySecure Access Control uses secure tunnels running over the Internet to access the enterprise network. Working in conjunction with BayRS(TM) or the Bay Networks Contivity(TM) Extranet Switch, BSAC becomes a fully functioning security/policy engine by supporting Bay Networks DVS or L2TP tunneling protocol. BSAC also helps service providers differentiate their VPN offering by deploying tiered VPN services, charging for service based on the number of secure tunnels used by the subscriber.

Additionally, BSAC V2.1 comes equipped to offer added flexibility via its RADIUS Proxy support that allows service providers the ability to forward authentication requests to remote RADIUS servers. Proxy RADIUS support allows service providers the ability to deploy BSAC in each one of its POPs for integration into a remote centralized server that offers ease of control management.

''BSAC allows our customers the capability to retain confidential user records where they are best protected, while outsourcing secure remote access operations to us via our RemoteLink service,'' said Andrew Paul, RemoteLink product manager at Concentric Network Corporation.

Aiding the enterprise of outsourcing their remote access operations further, BSAC V2.1 offers added flexibility for those sites who have not dealt with dynamic IP/IPX addressing systems and who seek an alternative to DHCP. BSAC can be configured to assign IP/IPX addresses to users who have been accepted by its authentication process, allowing for multiple address pools to be defined. Once the pools have been defined, they can be assigned to users and groups of users. BSAC also features an intuitive, state of the art, GUI/JAVA administrator's user interface for ease of management of a very large user/group database.

Unlike many RADIUS servers on the market, BSAC not only supports the Bay Networks product line comprehensively with Bay Networks' vendor specific attributes, but also comes pre-configured with ''competitive dictionaries'' for over 25 competitive remote access vendors including 3Com, Ascend, Cisco, Lucent, Shiva and others. BSAC also allows for easy creation and updates of dictionaries making it a highly desirable solution for mixed vendor environments.

BSAC's flexibility includes integration with network operating systems directories such as Solaris NIS, NT Domains and Workgroups, and NetWare NDS/3.x bindery, as well as allowing for seamless integration with various third party authentication regimes such as Security Dynamics' (NASDAQ:SDTI - news) SecurID, Secure Computing's Safeword, Axent's Defender, as well as the old, legacy, proprietary TACACS+ authentication protocol.

Security Dynamics has certified BSAC as SecurID Ready, identifying the product as one that has been pre-tested to ensure it is fully compatible with SecurID authentication technology and ACE/Server software.

''Today's IT professionals consistently demand solutions with integrated security as they increasingly open their networks to employees, contractors, partners and suppliers,'' said Dave Power, senior vice president of marketing and corporate development at Security Dynamics. ''We consider Bay Networks as a key strategic partner and are working closely with them to provide the market with highly flexible, secure solutions that incorporate our leading strong two-factor user authentication support.''

Pricing and Availability

BaySecure Access Control V2.1 RADIUS server for UNIX/Solaris is scheduled for availability in June 1998. A single BaySecure Access Control RADIUS server is priced at $4,500 (U.S.) and a single server with backup is $8,500 (U.S.).