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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: Groundhog who wrote (9534)	2/11/1999 9:09:00 PM
From: Serge Collins	Read Replies (2) of 18016

Take $250 million out of the company's backlog. That's 15 % of yearly revenues, not to mention whatever service revenues attend to such a deal plus the intangible benefits. Someone knew something and was selling out. That is a big black eye for Newbridge who had to know that the deal was off and didn't release the information to the market. Some people had access to confidential information that was not available to investors, and they profited from it. I hope it's not someone at Newbridge. If it is, it's a situation similar to what happened to Com Dev last year.

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