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Technology Stocks : Newbridge Networks

NN 14.21

+1.7%

Nov 28 9:30 AM EST

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To: Tunica Albuginea who wrote (15602)	12/11/1999 11:52:00 AM
From: Michael M	Read Replies (1) of 18016

TA - if no announcement the coming week, I think forget 1999. If no announcement January 2000, forget about it for a while, if not longer. If the company's new gear works and suffers no delay, Terry's $100 quip re selling becomes less a smart-ass line. Although price predictions are kind of silly, I wouldn't be surprised that NN has already turned down a low-ball bid or two. Frankly, I would call anything under $40 U.S. low-ball. If the house is put in any kind of order and the products and affiliations are robust, that figure could double. IMO, of course. Any indication that NN is going to stay the course may drop the quote back to high teens -- for about two minutes. One could only wonder what our ugly duckling would fetch if it appeared as an IPO next week -- $10 billion -- $20 billion?? I'd rather have a nice Christmas bonus. If it's not to be, I suspect there will be an even larger one by next Christmas. WHO SAID HO HO HO!!!??? :-)

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