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Technology Stocks : Newbridge Networks
NN 12.53-1.5%3:59 PM EST

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To: Thomas Scharf who wrote (2768)1/21/1998 8:17:00 PM
From: Wayne Lian  Read Replies (1) of 18016
 
<<As long as TM is upfront about his real estate interests and charges NN fair market prices, I see no conflict of interest.>>

Who can be sure fair market prices are charged? Have there been competitive bidding? HIGHLY UNLIKELY.

I have been thinking, should I give TM the benefit of the doubt. I decided not to because if he is such a candid person he would volunteerly withhold from such dealing. Who is out there to prevent him from self serving, milking the company?

<<All this harping about conflict of interest is just sour grapes because you probably bought NN at or near it's peak & are sitting on some paper losses.>>
You talked about my position without any basis of fact. You are a loser, man. I bought at $28 and change.
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