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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

Dec 5 9:30 AM EST

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To: Tunica Albuginea who wrote (14928)	11/22/1999 2:56:00 PM
From: pat mudge	Read Replies (3) of 18016

I am banking on a takeover/sale. Take-overs involve lots of hype --- if you're the last one in any given "wave," you'll learn what it means to take air. I don't know when that will occur. Those with less patience will take money off the table when not instantly gratified. In other words, you'll be given many opportunities both ways. Could be any time. Stanford Telecom acquisition most likely will have to close first. Thus have to remain fully invested all the time. In your humble opinion. The sooner the better, for many reasons, the main one being it will significantly cut my Maalox bill. I suggest switching to Valium. I don't use options but you could use those if you want to. Bad advice except for pros. * I am now looking to adding to my position. Take Valium first. * I will add between 21.5 and 22. See above. Downside risk to 20= ~ 25%, to 19=~15%, to 17=~10% and to 14=~5%. And if you're on margin????? I have 30% of extra cash available to buy more all the way down to 14-17% if Alan G. has a bad day!!* Why not wait for it to get there? my hope is to increase the very large position I have by about 25%. See above. I will start daytrading after I get a better feel for the stock. You're not already???? I hope for my daytrades to be profitable and provide all the cash needed to hedge against all future risk. Interesting investment strategy. I think NN is a win-win situation:all I need to look at is -CSCO paying 6.5 bill for Stratacom= money down a rat hole. -LU paying 20 bill for ASND a 2nd tier ATM. -sale of FORE. Has Cisco commented on NN --- or ATM, for that matter? Recent comments have referred to fiber optics acquisitions. I believe NN will be sold. I just don't think it's going to happen over night. The current strength can be attributed to Canadian analysts and journalists fanning take-out flames. For those who didn't follow Ascend's take-out history, I suggest you go back and follow their stock in the 12 months preceding the LU buyout. If acquisitions were as simple as you and a few others would like to believe, COMS and CS would have been taken out months --- if not years --- ago. Brought to you by the committee for moderate use of exclamatories. :)) Pat

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