To: Serge Collins who wrote (11912 ) 6/17/1999 10:56:00 PM From: pat mudge Read Replies (4) | Respond to
Another one of your dumb posts. Look at the date of that posting -- January 1998. Check to see what happened to JDS from Jan. '98 to the end of that year. Incidentally, while you're at it, take a look and see what happened to the share price of NN from that date up to the early summer when markets started correcting. I hit it right on the nose on both counts and that's more than can be said about your call on NN the last two years. And you are totally wrong when you say there is more reason to call Newbridge a world-class company now. This company goes from one problem to the another, changing strategies and focus, and with each initiative it takes, it only compounds its problems. They had potential 18 months ago but the storm clouds have gathered since then and the future is not very bright. more reason, but I agree it's not there yet --- first they have to prove their merit by having consistent earnings. Just the same, I'm not about to wait for the Street to tell me when to buy. By the time the changes put into place over the past 12 months are factored into the stock and the Street realizes it's a world-class company, the price will be double and the chance to get in early gone. As far as that phony lawsuit, I maintain it was nothing but than a publicity stunt aimed at pacifying shareholders and allaying their concerns. Newbridge hastily announced the suit and probably didn't even consult their legal counsel. It was a PR job all the way. Alan Lutz is a master at that. P.S. By the way Pat, does Newbridge pay you for touting their stock? You seem to have a cozy relationship with management and claim to have inside knowledge of goings on at the firm. Of course it hasn't helped you make the right decision, but nevertheless, it would be nice to know what sort of shill you are.
