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To: Sylvester who wrote (14455)6/9/1998 1:59:00 PM
From: Peppe  Read Replies (1) | Respond to of 77400
 
Ok Sylvester,

Can you share your sources ? Is it inside Bay or NT or a broker ? How solid is the $ 40-42 price range ? $ 35 june call are still attractive.

Cheers,

Peppe



To: Sylvester who wrote (14455)6/15/1998 10:35:00 AM
From: Dean Bredenbeck  Read Replies (2) | Respond to of 77400
 
FYI...From WSJ...

Northern Telecom agreed to acquire Bay Networks for $9.1 billion, or $38.21 a share, in stock. The purchase, which has been rumored for months, is the latest in a spate of deals in the networking industry.