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Technology Stocks : Newbridge Networks

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To: gbh who wrote (13616)10/12/1999 9:50:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 18016
 
why Fidelity would choose now to sell
Gary-

Fidelity acquired major portion of NN in Q1 of 1999, after
ASND/LU was announced.Then we had FORE aquisition.
Could be that Fidelity had acquired so many shares hoping that NN will be bought?
And after NN recently(June,July) stated that want to stay independent they decided to sell part of NN.
Not so often Fidelity takes 10% position in a single company.

What do you think?

BTW,did you see that many NN?s ATM customers(C&W,IXC Comm.,e.spire) are choosing NT DWDM.
I have not seen any contract from NT ATM switches from those customers.
Looks like they like NT optical network combined with NN ATM platform.

Zbyslaw
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