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Technology Stocks : Newbridge Networks
NN 16.87+4.7%3:59 PM EST
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To: Luc Glinas who wrote (3618)3/12/1998 5:39:00 PM
From: Thomas Scharf  Read Replies (1) of 18016
 
A buy out by Nortel or anyone else is a bad idea. NN is a pure play on the ATM back bone. As such I expect to make lots of money on it over a period of many years. A buy out might make for a nice short term profit but then I would have to find some place else to put my money that I think would earn as much as NN over the long haul. So to all you buy out cheer leaders I say "thppppuuuuuuutttttt" (that's the closest I can come to a Bronx cheer in type).

-Thomas
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