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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 9:30 AM EST
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To: jeff greene who wrote (17840)3/5/2000 9:46:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 18016
 
Jeff,most likely ALA had close to 5% before the deal was secured on Feb 24, then bought another 17% and filed 10 days later total 22%, just enough to offset TM if he would change his mind.
Now I understand why ALA did not press hard to convince its investors about ALA/NN marger.
They wanted to keep its shares lower to buy NN shares.

Zbyslaw
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