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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST

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To: thebeach who wrote (14771)11/19/1999 12:02:00 PM
From: James Calladine  Read Replies (2) of 18016
 
Hi again!

I actually don't have much doubt that (in a buyout situation) will fetch $30 US +

HOWEVER, what I would much prefer is a quickly revitalized
NN that will fetch $60.

Amazingly, however, nobody seems much interested in the
financials, but you can be sure than an acquiring company
will have no trouble understanding what they mean.

Of course if we all get taken out at a 50% premium, we are
pleased, but it is still a fraction of what would be
possible IF the company can get its act together.

The price action today seems to suggest that maybe I am
not the only person lacking a bit of conviction.

I would actually prefer to see this company log 2 good
quarters, get its new product out, show that it can sell it,
show that it can control costs and THEN see it combined
with somebody with the ability to fully realized on that.

There's some real money in that!

Best wishes,

Jim
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