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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 9:30 AM EST
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To: pat mudge who wrote (9525)2/11/1999 1:41:00 PM
From: Serge Collins  Read Replies (1) of 18016
 
With all the articles posted to this thread, I'm a bit surprised no one posted the article about Siemens that appeared in yesterday's WSJ. It quoted Volker Jung, the head of networking at Siemens, as saying his firm has no intention of making a big acquisition or even merging with a partner. He referred to takeovers as a "waste of shareholder money" and also said, "We prefer teaming and partnerships to megamergers at overblown prices."

I guess we can lay those takeover rumours to rest once and for all.
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