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

To: Michael M who wrote (12483)	7/31/1999 10:27:00 AM
From: Frank Ferrari	Respond to of 18016

Of all the stories that I have read on the net and in the Ottawa print media, I like Terry as CEO or Ericy/NN and Alan still running NN. Seems like a stretch. Blow the quarter away and we will get our high 30's without Ericy! Frank

To: Michael M who wrote (12483)	7/31/1999 12:18:00 PM
From: Glenn McDougall	Read Replies (3) \| Respond to of 18016

<<If Terry turned his back on $45 (U.S.), Three thoughts spring to mind: 1. Terry thinks he can get $55. 2. Terry is damn sure the quarter ending today is not going to be a stinker. 3. Terry would rather outsmart everyone else and doesn't mind risking your investment dollar to do so. I suspect there's truth in all three and expect to be a buyer when the stock reopens (will it trade Monday on NYSE?).>> Assuming the next announcement out of NN is positive (that means no earnings warnings) Newbridge will trend higher. They have been telling us about their gains in market share the ATM field, wireless wins that are still just starting to ramp, their IP push as well as Stanford tel purchase and the affiliates story. Why would Terry want to sell the company just when good news is breaking out on a number of fronts? Even the operation events of the last 2 Q's look like they are old news. We now have a new and improved sales and marketing force thanks to Alan Lutz. Brian Jervis (what a great addition to the management team), another Alan Lutz hire is doing things that most people thought could not be done and thus we are on the verge of the new 36170 50 gig switch and not long after 320 gig. JMHO but if anyone is trying to purchase NN (several companies would be well served to do so) they will have to value the company based on the above criteria not on old news 3-6 months ago. Newbridge is somewhat unique with their ATM, wireless, IP and affiliates. Today talk mid 50's U.S. to purchase the company, in 6 months (assuming the company does what it says it can) mid 60's to mid 70's U.S. then we will talk. Oh yes all this assumes that Terry wants to sell.... Michael M....3. risking your investment dollar...I would add "and his". Terry is a leader, he was the first one to embrace the ATM concept forming Newbridge and I have done very well following Terry's lead. Regards Glenn