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Technology Stocks : Newbridge Networks
NN 12.64+3.2%Nov 14 9:30 AM EST
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To: Tunica Albuginea who wrote (15334)12/4/1999 9:18:00 AM
From: gbh  Read Replies (1) of 18016
 
do we sell because he won't take it and price will drop back to 20s.

Way too optimistic. If word hits the street that a $40 offer has been rejected, the stock falls back to the mid to high teens.

And there is little chance that TM, or anyone else, rejects a $40 offer. The stock hasn't traded at $40 on its own for almost 2 years.

Gary
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