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Technology Stocks : Newbridge Networks

NN 13.69

-2.5%

Dec 2 3:59 PM EST

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To: Glenn McDougall who wrote (8432)	12/10/1998 7:59:00 AM
From: ricky	Read Replies (2) of 18016

Glen, another post from Yahoo : Alan Lutz, President of Newbridge, was interviewed on the CTV (Canadian Television Network) tonight at 6:20 p.m. in a short story on the sale of Cambrian. The reporter took the angle that the Cambrian employees, most of whom came from Nortel in the first place, didn't want to return to Nortel. They wanted to stay with Newbridge. Lutz responded that it didn't really matter what they wanted. His goal was to maximize shareholder value and he was going to do that. He said that the recent upward trend in the Newbridge stock price clearly showed that investors realized he was serious about this goal. I bought another 500 shares of NN yesterday. Ricky

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