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Technology Stocks : Newbridge Networks
NN 14.52+6.1%3:59 PM EST
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To: RP who wrote (14853)11/20/1999 3:25:00 PM
From: Doug  Read Replies (3) of 18016
 
RP: ERICY is the most likely. It has nearly $22b sales and a
pretax Income of $1.8b. I am sure it can raise the necessary Financing for the deal .

If there is only one Bidder, ERICY is likely to adhere to its original offer or even reduce it.

It is therefore important that some Whiteknight comes to the rescue and opens the bidding above ERICY's original offer. Without a second bidder, Investors could be forced with an ultimatum.
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