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

To: RFF who wrote (6392)	6/10/1998 5:14:00 PM
From: G. Richmond	Respond to of 6980

RFF, If I'm not mistaken, House needed to excersise those options. Looks like he held on to 80%. I also believe he owns several hundred thousand shares outright which he is NOT selling. Interesting to see Ludwick and cronies had to bail out in the teens and low twenties. :-)

To: RFF who wrote (6392)	6/10/1998 5:21:00 PM
From: Bosco	Respond to of 6980

Dear RFF - it seems to be the case that he has exercised his options. The 200K sold possibly can barely cover the tax. Or am I reading it wrong? Thanks Best, Bosco

To: RFF who wrote (6392)	6/10/1998 5:33:00 PM
From: blankmind	Read Replies (3) \| Respond to of 6980

it is not uncommon to sell shares to have the money to exercise the options. keep in mind house picked up a net 800k shares. stock last 5/5/98 %change bay 30 23 5/8 26.98 asnd 48 1/16 42 14.43 csco 79 1/8 73 5/8 7.47 fore 22 11/16 23 7/16 -3.20 cs 13 14 1/4 -8.77 mrvc 22 7/16 25 13/32 -11.69 xyln 24 9/16 29 1/8 -15.67 nn 24 7/16 31 11/16 -22.88 coms 26 3/16 34 7/16 -23.96 since csco reported 3rd q