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Technology Stocks : Newbridge Networks
NN 16.36+1.5%Dec 9 3:59 PM EST
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To: N_2_T_N_A who wrote (16476)1/12/2000 1:53:00 PM
From: Bob Howarth  Read Replies (1) of 18016
 
1 year Price target of 35 makes this a good buy here. Takeover completely irrelevant in my view. But I believe company is reforming itself, and takeover advocates think not. NN must resize much more than they have so far with outsourcing of ALL manufacturing and a great service partner in North America. My only hesitation about NN is that I have been unable to comprehend (I don't know the plan)what they want to accomplish with LMDS and I have been unable to figure out how they get appropriate return on investment from buying Stanford.

Luck to all.

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