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

To: Anthony Wong who wrote (6267)	6/5/1998 4:35:00 PM
From: GAP	Read Replies (1) \| Respond to of 6980

With the other two buyouts this week setting values of companies with little product and less sales at outrageous levels, how is Bay NOT worth at least 10 Billion. That represents a share price of $45... and equals about 4 times sales. You guys all seem to know your way around this stuff - help a naive investor out - Why doesn't the market value this stock more highly, especially given the great strides it's made with product and clients in the past few months ?

To: Anthony Wong who wrote (6267)	6/5/1998 5:15:00 PM
From: Ken Twining	Read Replies (2) \| Respond to of 6980

So what's the smart strategy going into Monday....Enter a sell stop on long shares at say 29 7/8 and buy back in the mid 20's if the deal isn't made over the weekend? If the deal is made, the stock won't be going lower obviously and all would be well!

To: Anthony Wong who wrote (6267)	6/5/1998 5:26:00 PM
From: blankmind	Respond to of 6980

bay held over 30 today, very impressive. stock last 5/5/98 %change bay 30 5/8 23 5/8 29.63 asnd 47 3/8 42 12.80 csco 77 7/16 73 5/8 5.18 fore 21 3/4 23 7/16 -7.20 mrvc 23 25 13/32 -9.47 xyln 25 13/16 29 1/8 -11.37 cs 12 3/16 14 1/4 -14.47 nn 25 3/4 31 11/16 -18.74 coms 27 3/16 34 7/16 -21.05 since csco reported 3rd q

To: Anthony Wong who wrote (6267)	6/7/1998 10:59:00 AM
From: Doug	Respond to of 6980

A.W:Imaginary take-over and imaginary prices , guess there must be a connection!

To: Anthony Wong who wrote (6267)	6/7/1998 1:19:00 PM
From: john dodson	Read Replies (1) \| Respond to of 6980

I'm thinking the same thing. If buyout doesn't strengthen early next week, then we'll most likely see quite a bit of weekness in BAY trading. This last push -- by whoever is advancing/capitalizing on these BAY takeout rumors -- was focused for this weekend. The whole deal of BAY's board meeting to consider the $40 buyout offer by Nortel this weekend. If Monday comes with zero news, then that rumor appears untrue or misleading at best. Course it could all be true, and BAY just wants more than $40. My take is that if BAY is on the blocks that in addition to a fair price, they want to choose the right partner, not just the highest bidder. Oh well, we'll see, but my guess is we'll see no takeout this weekend/week with BAY. -John Dodson