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To: Peppe who wrote (14456)6/9/1998 3:02:00 PM
From: Sylvester  Read Replies (1) | Respond to of 77400
 
Peppe,

Nothing as fancy as all that. I develop marketing programs for mutual fund companies and brokerage houses. I don't work with brokers, but investment bankers and money managers highly placed in different firms. Sometimes a get a tip, more often, I'm involved in a discussion and left to do whatever I feel is right. For example, off topic. I know two money managers who plan to buy a biotech symbol SNRS when it goes from BB to Nasdaq late next week. So I bought some. I bought another stock in the same scenario and am down a bit.

Back to Bay, I based my opinion on what is now a 24 hour old convesation. someone obviously knew in advance about the 300,000 plus block trade and figured it would be the beginning of an upward trend towards a sale.

These guys never agree on anything but all knew that Bay rejected $36 and was looking for over $40. They also knew that NT would consider paying the price, plus they bet heavily on it.

It doesn't look as good as yesterday and the stock is a safer play than the calls. You now know what I know, make your own decision.

Regards,

Sylvester