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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 9:30 AM EST
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To: Doug who wrote (15460)12/7/1999 6:09:00 PM
From: Bob Howarth  Read Replies (1) of 18016
 
My only point is that NN shareholders own NN shares, and these shares will drop just as much as the potential acquirer shares like ALA if there is a tech correction, perhaps even more. Yahoo, trading at PE over 500 is not going to buy NN. No responsible corporate treasurer in her right mind is going to offer cash, when shares can be used.
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