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Technology Stocks : Newbridge Networks
NN 16.41-1.7%Dec 12 9:30 AM EST
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To: pat mudge who wrote (12465)7/30/1999 3:24:00 PM
From: larry pollock  Read Replies (1) of 18016
 
Check the Bloomberg news website- "Newbridge Networks Says It's Not in Talks to Be Acquired" "We aren't in talks with Ericsson or anyone else regarding the acquisition of Newbridge," said Newbridge spokesman John Lawlor. The previous statements appeared on the Blooberg website about 12:55 P.M. eastern, which, I believe, is about the time NN headed south.

In any event, it would not be merely up to Alan Lutz to say no to a reasonable offer. He does have a Board of Directors that he and Matthews are accountable to, as well as to shareholders.
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