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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Tunica Albuginea who wrote (12476)7/30/1999 5:26:00 PM
From: Cy  Read Replies (3) | Respond to of 18016
 
It won't be that simple. Newbridge Networks is a Canadian company and buying NNC in Toronto is count as 80% Canadian content of the RRSP (Register Retirement Saving Plan) investment. All exchanged stock would be dis-qualified as Canadian content, and this has a big impact on a lot of Canadian mutual fund. Any exchange of NNC in Toronto must be in cash.

Any comments?