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Technology Stocks : Newbridge Networks
NN 17.04-0.8%Dec 24 12:59 PM EST
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To: thebeach who wrote (4505)5/13/1998 6:58:00 PM
From: Thomas Scharf  Read Replies (1) of 18016
 
About a year ago I took a close look at BAY & was very disappointed. I saw no signs of life. In particular I noted a pattern of poor margins with no sign of improvement over a a long period of time. For NN to buy BAY would be 10 times the disaster that the UB purchase was because NN has also struggled a bit with margins over the years & has been unable to fix them. NEVER BUY INTO YOUR OWN WEAKNESS!
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