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Technology Stocks : Newbridge Networks
NN 16.41-1.8%3:59 PM EST
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To: Bob Howarth who wrote (14453)11/11/1999 5:31:00 PM
From: Michael M  Read Replies (1) of 18016
 
So, in reality, was this an up day or a down day? Looks like a good up day to me (when you factor out the after-hours bump last night). What does it look like (with what indication) on a TA basis.

In spite of misgivings about TM, I am encouraged by swift and decisive action taken since last week's disaster. I must admit to being glad Lutz is gone. New acquisition terms (and the fact that was squared away so quickly) are a positive, IMO.

Hope Alcatel didn't waste too much expensive executive time thinking about a $24 bid. I suspect any offer will be known sometime next week. I would be surprised by anything under $40 U.S.
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