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Technology Stocks : Newbridge Networks
NN 14.04-1.2%Dec 1 3:59 PM EST

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To: John Messbauer who wrote ()11/24/1999 7:05:00 PM
From: copper   of 18016
 
Duncan Steward was just on CBC Business World and stated that NNC will be bought out before the end of December. He said there is not a lot of DD to due on this company. They have a good product and the only thing that will slow the sale is PRICE.

He thinks that it will go for around 50 Can.

Hang on folks, there is more to come with this one. Personally, I think it will go for 40 US to either Cisco or Siemans.

We will get a lot of comment over the next few weeks about these companies not being interested in purchasing NNC. Ny response to this-HOGWASH. Lets face it, they don't want to see the price increase. Its all one big game. I have seen this happen many times in the past. Anyway, I have increased my position 40 % over the last two weeks. Its like looking into a crystal ball.

Good luck to all the longs. We will have our day soon.
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