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Technology Stocks : Newbridge Networks
NN 13.69-2.5%Dec 2 3:59 PM EST
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To: Syncrude who wrote (14849)11/20/1999 10:10:00 AM
From: zbyslaw owczarczyk  Read Replies (2) of 18016
 
"Newbridge wants at least $40 (US) a share for the company, according to informed
sources. A purchase price of about $33 (US) is probably closer to a reasonable selling
price, analysts say. That would represent about four times the company's annual
revenue from asynchronous transfer mode (ATM) products, considered the star of
Newbridge's technology roster. "
Fore went for 7X of revenue, and NN is worth at least the same.
Fore, did not have LMDS and 3dSL, both ramping up as we speak.

Zbyslaw
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