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Technology Stocks : Newbridge Networks
NN 16.12+1.6%Dec 8 3:59 PM EST

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To: Bob Howarth who wrote (15671)12/14/1999 12:52:00 PM
From: Tunica Albuginea  Read Replies (1) of 18016
 
Bob , I heard that TM has rejected $35. I think in view of the way they are now
changing the co
( real cost cutting measures not token efforts;
focusing on core competencies;
outsourcing;
putting on a dynamic CEO;
proof of meeting deadlines in new switch testing;
going after ISPs with new router+ ATM )



and doing ALL that ,

-rapidly
-as promised

by Flynn,

And,considering that

-their new ATM is leapfrogging LU by 1 1/2 years

and the fact that

-John Chambers said 6/99 that the future of the Internet is IP+ATM
and that
- CSCO has no ATM

and that

-NT's ATM is not as good as NN's

I would say that a more fair price is $40-45. In fact I think that when that offer
is made there will be a bidding war amongst
the Leaders as Doug says, <vbg>,

( based on Chamber's " the future of the Internet is IP + ATM )

so that it is entirely possible we can end up with more,

TA
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