SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nortel Networks (NT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kenneth E. Phillipps who wrote (621)8/14/1998 11:01:00 AM
From: SuperBacon  Read Replies (1) of 14638
 
Newbridge takeover rumors

According to NBN last night, an analyst stated that on Thursday,
there were rumors of Newbridge networks being taken over by
Siemens or Nortel. This MAY have contributed to Nortel's slide
along with the market conditions.

Personally, I can not see why Nortel would need to acquire
Newbridge Networks, as it would create a lot of product and
technology overlap, unlike the Bay Networks merger.

Obviously, the Nortel rumor is just a rumor, but... I wouldn't be
surprised if they were taken over by Siemens or MCI.

SB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext