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Technology Stocks : Newbridge Networks

NN 16.36

+1.5%

3:59 PM EST

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To: larry pollock who wrote (2739)	1/17/1998 6:46:00 PM
From: Walter Prager	Read Replies (2) of 18016

If you don't mind, I'd prefer to take this off-line. My e-mail is freely available (just click on the From link). But just a quick question: where do you get your information from? I checked the on-line copy of the 97 Financial Report and I can't find any such numbers in the consolidated report (http://www.newbridge.com/financial/annual97/consolidated_a.html). And, frankly, 3.2 million is a small sum when you think that NN has offices all over the world. Besides, every time the stock goes up a dime he makes more than that from his 24%. As for speculation, isn't that what it's all about? A company's true worth is rarely equal to its market capitalization. If it wasn't for speculation, the only return you cwould get would be the bank's rate of interest.

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