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Technology Stocks : Newbridge Networks
NN 15.72+1.5%1:24 PM EST
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To: Tunica Albuginea who wrote (14717)11/18/1999 11:10:00 PM
From: Ian@SI  Read Replies (2) of 18016
 
TA,

After listening to the conference call, I hold out no hope whatsoever that NN will survive as a separate entity for another 3 quarters.

I now expect them to be sold within 1 to 2 quarters.

And I doubt that it's potential value will be realized, though it will get taken out at a much higher price than today's close.

Not only would Terry be reluctant to give it away, current shareholders won't be anxious to get out at any price. The weak hands exited prior to and subsequent to the last warning.

Sad, but it now appears inevitable.

FWIW,
Ian.
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