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Technology Stocks : Newbridge Networks
NN 14.04-1.2%3:59 PM EST

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To: Sultan who wrote (15078)11/24/1999 11:26:00 PM
From: Ian@SI  Read Replies (1) of 18016
 
Prior to reading the Yahoo post, I'd thought that $40US was achievable.

After reading the Yahoo post, if we get a bidding war with CSCO and at least one of NT, LU and TLAB, then a much higher price becomes possible.

Clearly no company wants to get involved in a bidding war, so I would expect them to try to get as close as possible to a done deal before anything is announced publicly. And I just don't see that happening before the end of December.

Even the most senior officers have families and take time off during the holiday season.

FWIW,
Ian.
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