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Technology Stocks : Newbridge Networks

NN 14.21

+1.7%

Nov 28 9:30 AM EST

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To: Doug who wrote (15956)	12/17/1999 5:01:00 PM
From: Captain Jack	of 18016

Doug-- As most of the recent buyers are ONLY here because of the probability of a takeover. The price reflects that sentiment. With any indication of a buyout not happening you will see this puppy sink as many head for the exits in a mad rush. Holding anything in the twenty range would never happen. No one would buy or add without that probability. Now we will soon see the price hold or slightly slip unless there is a buy, huge contract news (which would only be temporary), or price degradation as interest slips on no news. Many already have a target timeframe too... not much stable upside without a buyout... expecting to be bought by mid Feb...

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