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Technology Stocks : Newbridge Networks

NN 13.85

+6.9%

Nov 25 3:59 PM EST

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To: Glenn McDougall who wrote (11149)	5/5/1999 9:56:00 AM
From: Francois Bedard	Read Replies (1) of 18016

Glenn, No axe to grind here. Just an opinion from someone on the inside at the time. Stern/Lutz played no part in me leaving Nortel since I only left in 97. All the items I've mentionned were common knowledge and rumor mill discussions at Nortel after the duo departed. The point is (and you may choose to ignore it if you wish) that Lutz has a track record which in my opinion is less than stellar and again in my opinion Lutz is not a top tier CEO. Just offering it up FWIW but if it is too hard to accept as data for people then I will gladly step back to the background... F. P.S. On the Canadian brain drain - there is no doubt that this is why I am here. Earning power is night and day here compared to Canada and this trend will continue until Chretien/Martin decide to take action and lower taxes. Personally, I do plan to go back in a few years - don't want to send my kids to US schools...

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