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Technology Stocks : Newbridge Networks
NN 12.37-1.8%10:37 AM EST
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To: Glenn McDougall who wrote (7488)11/18/1998 9:53:00 PM
From: Ian@SI  Read Replies (1) of 18016
 
Glenn,

The CBC Newsworld item mentioned $750M Cdn explicitly. I suspect that the Dow Jones newsstory either had a typo or a misunderstanding. Other rumours talked about $500M US which, lo and behold, is almost exactly $750M Cdn.

While I wouldn't turn my nose up at a 1:1 share swap for either LU or CSCO shares to replace my NN (highly unlikely even in a fantasy world), I'm also happy to just hold my NN and wait for their true value to come out.

FWIW,
Ian.
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