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Technology Stocks : Newbridge Networks
NN 17.04-0.8%Dec 24 12:59 PM EST

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To: Michael F. Donadio who wrote (14406)11/9/1999 2:42:00 PM
From: Doug  Read Replies (1) of 18016
 
An analysis of FORE represents the best model for evaluation of NN on the basis of a take out. NN is considerably better than FORE in terms of earnings, revenue and R&D.

Both Companies had 2 common problems viz Sales & Marketing and Mgmt. With this in the background, the following is the history of FORE's share price based on earnings.

a:April 98 $12
b:October 98 $9
c:Dec 98 $12
d:May 99 $35 (Sold)

Because of this and others like DIGI, a +$35 target is quite realistic for NN on the block.
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