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Technology Stocks : Newbridge Networks
NN 12.64+3.2%Nov 14 3:59 PM EST

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To: JS who wrote (15263)12/2/1999 2:40:00 PM
From: pat mudge  Read Replies (1) of 18016
 
But hey, I want this sale to go through because as I've told you before, this will be the fourth and last time I own this stock. If the sale does not go through, then we're in for some rough times (price wise). The only reason we're not at $16-$17 right now, is because of the POTENTIAL SALE. Wouldn't you agree? I certainly would not have bought more the other day, if I didn't believe that a sale was imminent!



Question: why do so many refer to a sale going through? I understand TM's asked the board for a couple quarters to turn the company around and they agreed. MSDW has been retained to help guide them to the next stage. In other words, if TM succeeds they'll proceed along Path ABC, and if he doesn't, they'll take XYZ. I believe both scenarios involve IB services.

I also understand that those kicking the tires are interested in the front left or right back but not all four --- or more accurately, all 18.

If you analyze what NN has and what the possible suitors have, it doesn't take a lot of effort to eliminate which tires each would want or not want. About the only company out there that would want the entire rig is Starbucks and to my knowledge they're not in the running.

And if anyone's really serious about handicapping what NN's up to, analyze those who've been let go. It won't tell you everything, but it'll be far more constructive than reading what's become little more than a pooling of ignorance. My comments included.

I've got to lay off the double lattes. :)

Pat

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