M&A OPEN+NTRX=NTRX Voice over the Internet VoIP marriage of hardware&software, imho merger name OPEN NETrix better than NX Networks, and OPEN is a better trading symbol also than NTRX. NTRX will be the surviving company, according to the Joint Proxy Statement/Prospectus and Notice of Special Meeting Of Stockholders To Be Held on December 22, 1999. See pages 42, 106, and 108. This is a 1 for 1 merger, but I still follow both NTRX and OPEN since the trading price does vary, as I am sure arbitragers are aware. The symbol OPEN will be delisted on NASDAQ and next year the combined merged company will trade simply as NTRX. I still think OPEN is better because of the "opensource" movement, Redhat (RHAT) LINUX, APACHE, JAVA (SUNW) and PERL and so on, imho.
Your web-article at nxmnjetworks.com "The merger of NETRIX and OpenROUTE Networks brings together the
elements needed to deliver a new solution - Secure Internet Telephony and
Data. With this new secure voice and data solution comes a new name, for a
new company ready to provide the next generation of Secure IT.
NX combines the quality of NETRIX's Voice Over Internet Protocol (VoIP)
technology with OpenROUTE's proven expertise in secure Virtual Private
Networking (VPN). The result is the industry's first VoVPN solution combining
secure voice and data over the Internet. As a worldwide provider of secure
voice and data networking products, NX's customers include service
providers, multinational corporations, and government agencies in over 60
countries worldwide.
13595 DULLES TECHNOLOGY DR.
SUITE 100
HERNDON, VIRGINIA 20171-3424
TOLL-FREE 877.GetNxIT
MAIN 703.742.6000
FAX 703.742.4048
9 TECHNOLOGY DR.
WESTBOROUGH, MA 01581
MAIN 508.898.2800
FAX 508.836.5324"
I already voted FOR the MERGER, and maybe next year will consider making a play to join the board, if only to change the name to OPEN NETrix....(8')}
I am,
Truly your$,
-Crystal Ball |
