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Technology Stocks : Newbridge Networks
NN 11.97+5.4%3:59 PM EST

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To: Mavrick who wrote (15495)12/8/1999 3:26:00 PM
From: WTSherman  Read Replies (4) of 18016
 
I don't believe that you would see any such massive volume increase just prior to an announced takeover. I've owned XYLN, YURI, FORE, ASND, Lotus and quite a few others that were taken over and the action just before the takeover was fairly mild. The most egregious case was Lotus which picked up 10% in price on strong volume the last three hours before the close of the market.

A volume of 10x normal on the day before a takeover would trigger serious insider trading investigations...
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