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Technology Stocks : Newbridge Networks

NN 14.27

+4.3%

12:43 PM EST

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To: Ed Frye who wrote (8449)	12/10/1998 4:50:00 PM
From: Glenn McDougall	Read Replies (2) of 18016

<< My concern about the Cambrian sale relates to my gut instinct that you NEVER help a major competitor become stronger. Moreover, this is the little guy helping the big guy. Maybe this sale is a precondition to LU buying 15% of NN, but I would think LU would prefer NRTL didn't have Cambrian either. Current market pull back seems related to consolidation and warning season, neither of which should affect NN. Here's hoping Lutz generates some renewed enthusiasm among big investors tonight. >> Ed I fully understand your point of view and agree with a number of points you made. I would just suggest that as you have that the Cambrian move would not have been done unless it was part of a larger overall strategy. Sometimes it is hard to read the company. I for one added big time to Newbridge today with the expectations that the company with Terry and Alan will not leave us in limbo to long after a move like Cambrian. I wonder what time this meeting is at? Does anyone know? Regards Glenn

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