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Technology Stocks : Newbridge Networks

NN 14.21

+1.7%

Nov 28 9:30 AM EST

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To: Elmer Flugum who wrote (14295)	11/3/1999 5:42:00 PM
From: Michael M	Read Replies (1) of 18016

Actually, I think NN said it's "not in talks" about a buy-out. That's a step removed from resisting. In, any case, what's the likely play if a company announces that they are offering X for all outstanding shares of NN? Would there be the requisite number of sellers for $30 or more on Monday? Put me down for a couple thousand "yes" votes! I would think TM is VERY vulnerable right now. As I speculated yesterday, an open bid for NN in the immediate future makes more sense (IMO) than any other type of acquisition strategy. If I didn't think it was really tacky to pray for money, I'd be over at Holy Family, right now asking if they have an "Altar Boys of All Ages Program." :-)

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