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Technology Stocks : Newbridge Networks
NN 12.64+3.2%Nov 14 9:30 AM EST

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To: Peppe who wrote (8988)1/12/1999 2:38:00 PM
From: pat mudge  Read Replies (2) of 18016
 
Yet we know that there is a board meeting today at ASND to discuss an offer from LU. We know that ASND today is trading at a value that gives it a market cap of $ 16.5 Billion.

How do you know what's being discussed at the board meeting?

And LU buying ASND has been the longest running rumor on the street.

Yes, and Elvis is alive.

As I told one analyst today, I trust my sources and will let the story play itself out.

Idid find one more quote, this from today's LATimes:

Lucent spokeswoman Paula Horii said the company wouldn't comment on merger rumors, but she said it plans to build its data-networking business to respond to "the whole communications-networking revolution."


I could make a case for her choice of the term "whole," but think I'd be whistling in the wind at this point.

Learning patience ---

Pat
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