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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST

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To: Ian@SI who wrote (13047)8/26/1999 9:21:00 AM
From: Ian@SI  Read Replies (1) of 18016
 
WSJ's abstract on the CERENT story...

When the street recognizes the value of NN and Terry's Affiliate program, one has to believe that NN's price is going to fly.

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Cisco agreed to buy Cerent, a closely held networking company that has never turned a profit, for about $6.9 billion in stock. The purchase, Cisco's costliest to date, is another sign of the mind-boggling impact of the Internet on corporate valuations.

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