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Technology Stocks : Newbridge Networks

NN 14.12

+3.1%

11:03 AM EST

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To: Doug who wrote (14858)	11/20/1999 3:51:00 PM
From: zbyslaw owczarczyk	Read Replies (2) of 18016

If anything,ERICY will issue shares.Market cap 91 billions and 2 bil $ in cash. I would not discount ERICY/NN OEM or alliance first, before possible merger. Why do you think ERICY would like to pay cash, if they shares are on rise. If ML target for ERICY (67) is based on ERICY growth, not just was issued b/c of options or trading activity, we may see ERICY market cap 100-120 billions very soon. Zbyslaw

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