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Technology Stocks : Newbridge Networks
NN 17.06-0.7%10:47 AM EST

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To: Doug who wrote (14433)11/10/1999 2:28:00 PM
From: Rhys Roberts  Read Replies (2) of 18016
 
Doug,

I agree entirely with your statement entirely. Speculation on the future of NN is just that, speculation. I don't think anything of substance has really been said yet.

I guess all we can wait for is this promised plan that will be arriving in a week or so.

In my opinion, It will probably rule out any acquisition (if mentioned at all) and go onto talk about the strategic direction of the company over the next few quarters.

If Mr.Flynn can't get it together we'll see a new low if he's as brilliant as friends of mine at NN keep telling me he is, we should see some sort of about face at NN quite quickly.

Regarding some suggestions made that NN employee are jumping ship in droves (I don't remember who posted it). I have it on reasonable authority that on the day after the Lutz 'resignation.' People actually felt something close to relief! TM gave a speech and received from all accounts a standing ovation.

Cheers

Rhys
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