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Technology Stocks : Newbridge Networks
NN 12.96+8.3%Nov 24 3:59 PM EST

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To: Michael M who wrote (17850)3/6/2000 11:00:00 AM
From: jeff greene  Read Replies (1) of 18016
 
re: The 13D from ALA

We need some clarification here...on the surface it reports beneficial ownership. However, with further examination it may be an acknowledgment of options granted in original agreement equalling 22%, 39mm shares at set price.

It also appears conditions must be present as stated in document prior to options being exersised.

Someone else please comment.
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