Newbridge Networks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks

NN 12.53

-1.5%

Nov 19 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tunica Albuginea who wrote (14535)	11/13/1999 7:48:00 PM
From: James Calladine	Read Replies (2) of 18016

A SEEMINGLY INFORMED POST FROM YAHOO (FROM techtechtechtech) You have it figured out. There is no doubt in my mind that big money is manipulating this stock and fools who rushed in last week will get killed soon. I talked to one guy who works for Newbridge and he told me there is no way that the company will be sold. I asked him why, his answer -- there's a lot of reasons not the least of which is that there is no buyer, but he told me that too many employees have large amounts of their salary in stock options and those options are under water by a large margin. The takeover would have to be above $35 US just for these employees to break even. No one is going to buy Newbridge above $35 so it's not on. The other reasons have to do with Matthews' stubborness, the company's many internal problems, the fact that potential suitors are more apt to buy an American based company etc. There are so many reasons that were discussed that we both ended up laughing about it. Best wishes, Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next