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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST
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To: Doug who wrote (14213)11/2/1999 4:00:00 PM
From: Michael M  Read Replies (1) of 18016
 
Don't have strong view re. time/value question. I do believe NN is (in a day or three) more likely to rebound once or more to around 20 than it is to slide much.

Takeover rumors alone may lift the stock. In six - nine months, anything is possible (not saying, "likely").

Given what the players are paying for fresh meat (and very little of that) NN is a compelling target. Unless TM decides to fly it straight into the ground for spite, it will never (probably) be a better bargain than it is this week.

Depite personal style, TM might find the heat a bit much if someone threw an actual number on the table for all to see.

If no bid in next few weeks, we're likely in for a long winter night (how Canadian). zzzzzzzzzzzz
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