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

To: Glenn McDougall who wrote (12485)	7/31/1999 1:38:00 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 18016

Glen, I think that 2 - 21/2 shares of ERICY for each of NN is fair if Terry is allowed options in the new company.That would enhance his holdings further.Also he must be the CEO of ERICY/NN and I agree with Alan Lutz as head of NN. Imagine he now gets to head a company with 100,000 plus employees and a leader in wireless IP&telephony which just happens to be the hottest expanding field right now. I don't have the article here quoting how people are dropping the regular phone and going wireless. He may be able to do even bettet than if he had gone with NN alone. Terry is a smart cookie and somehow has always pulled himself out smartly from scrimmages. For me all this is is quite ironic. I have been investing in NN since 1995;have been disappointed several times to where I sold out several times; but for some reason I kept coming back. Perhaps it was all the cheering on this thread!!! The irony is that since Mon I have been collecting every non-IRA penny I got ,sold everything and put it all in NN. I was not fully aware of the buyout rumors but the way the stock acted drew me to it. I now have 90% of the position I had in 1995. Perhaps we will all collect next week. Certainly special congratulations go to those on this thread who never sold and stayed loyal and encouraged others like me to either hang on or keep coming back. Pat comes to mind and you, zsbyslaw and so many others.I don't want to list them all for fear of leaving someone out. But I do want to thank you all. If everything comes true next week, my ship will have come home. I have a strong premonition that it will. Perhaps this my sound like a eulogy for a dearly departed friend, Newbridge Networks. So often in trouble. Reportedly on death throes. However he kept coming back, with a little help from his friend, GG, his loyal investors.Who never dumped the stock and let it go to 7 bucks were a not so merciful knight might have picked it off the floor. And yet I am now thinking. Should I turn my shares in for double what I paid for it? Or, should I hang on to them as " an investment " gg, in a " new networking company of the future"? ERICY/Nn will be now one " of the big boys ". The fight will be fairer, <bg>. I hope for all of us that we will all be able to face this "new" decision next week. Keep in mind the turbulent market days ahead, interest rates,y2k,strength of the dollar etc etc. These are the best of times and possibly some of the worst exploding "bubble-times " to come our way. Sell or hold, that is the question? I hope we get to discuss this next week with all the faithful NN bulls on this thread,( and bears too; after all it is good to hear both sides of the story ), TA <<<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

To: Glenn McDougall who wrote (12485)	7/31/1999 3:20:00 PM
From: pat mudge	Respond to of 18016

Glenn -- My private message system isn't working and I can't find your phone number. If you get a chance, please call me some time this week-end. Christmas came early! :) Pat

To: Glenn McDougall who wrote (12485)	8/1/1999 7:09:00 AM
From: WTSherman	Read Replies (1) \| Respond to of 18016

<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. < If you have "done very well" following his lead, I assume it hasn't been with NN. If NN turns down a $45 offer it has alot more to do with hubris and ego than with financial responsibility. If the current management wants to prove that they aren't the bumbling sort that the market makes them out to be I can easily see them saying no. I think that would be sad for everyone involved... The notion that TM would be made CEO of ERICY is laughable, what has he done to indicate that he has the ability to run a company of that size?