SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks
NN 12.73+1.0%Nov 18 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zbyslaw owczarczyk who wrote (11208)5/6/1999 3:31:00 PM
From: Serge Collins  Read Replies (1) of 18016
 
Like the old saying goes - "fool me a first time, shame on you; fool me a second time, shame on me."

How many times do you people need to be put to shame before you will finally get it? Still the same old arguments and worn out beliefs being trotted out again, even the one about a buyout!

No one, I repeat, no one, is going to buy a company trading at more than four times next years revenues, that has serious management problems and has pinned its hopes on one product, and that one product is facing severe challenges, so much so that one competitor (Cisco) has abandoned it. Newbridge will be lucky to make $150 million in earnings next year and they are sporting a market cap of almost $5.5 billion.

Someone is going to buy that? I give up.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext