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Technology Stocks : Newbridge Networks

NN 16.41

-1.8%

3:59 PM EST

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To: Tunica Albuginea who wrote (16871)	2/6/2000 4:10:00 PM
From: Bob Howarth	Read Replies (1) of 18016

TA. I saw the article about ALA/NN in Friday's paper. Curiously enough, it was that paper that published the first takeover rumour after the bad earnings, and mentioned that ALA may have hired Morgan Stanley as an advisor. Morgan Stanley just raised the price target of ALA to 70 on Friday (50 now) with strong buy. I think ERICY may be focusing on mobile wireless type stuff. Their stock would be punished for buying NN I believe. It still is possible that when/if NN says it is going on its own there could be a bit of a sell-off back to mid 20's don't you think?

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