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Technology Stocks : Newbridge Networks
NN 15.70+5.2%Jan 16 3:59 PM EST

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To: pat mudge who wrote (6753)9/30/1998 6:18:00 PM
From: Gary Korn  Read Replies (1) of 18016
 
I just had a great conversation with NN and based on what I heard, I've put away Beanie Bear's white bag.

Pat,

Thank you for the positive report, for it helps on a day like this. Perhaps I could borrow the white bag?

With today's decline, I show an NN market cap of 2.8x sales (converting to USD). I would think that makes NN a value play compared to, say, ASND, which is at close to 8x sales.

Gary Korn

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