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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

Dec 5 9:30 AM EST

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To: pat mudge who wrote (14932)	11/22/1999 4:18:00 PM
From: Ian@SI	Read Replies (1) of 18016

RE: ... 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.* Pat, Take a look at the NN Volume on the NYSE, then the volume for NNC on the TSE (about 1/3 today). I suspect most Canadians would buy Newbridge in Canadian $ on the TSE rather than taking a 75-100 bp hit to convert their money to US$ then buy NN. Thus I suspect that there's a few US analsyts, journalists, etc fanning those flames. FWIW, Ian.

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