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Technology Stocks : Newbridge Networks
NN 12.88+7.6%2:19 PM EST
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To: Doug who wrote (15896)12/16/1999 2:34:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 18016
 
"Media reports said Cisco in fact did make a
bid for Qtera, but lost out to Nortel's higher
offer. Qtera, according to the reports, preferred
Nortel because it is considered the top-maker
of fibre-optic network equipment in North
America."

Doug , where is bidding war, the price go very high.
CSCO does not bet to much on ATM but LU is betting.
CSCO on the other had has good track record in following others nad executing in corporsate space but not forseen what is coming.
In carrier space they track record is very bad.
So Qtera went with NT.

Zbyslaw

Zbyslaw
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