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


To: Glenn McDougall who wrote (12493)8/1/1999 6:50:00 PM
From: Peter Wong  Read Replies (1) | Respond to of 18016
 
Hi Glenn,

I didn't mean anything by it. I bought 500 shares on Friday at $39.90 so I'm hoping for a buyout. I would be more than happy with $45.00 US per share or $68 Can. NOW. I don't want to be greedy. Like I said, I'm sure Loewen shareholders are killing themselves right now.

But you do have to wonder with this stock. Every time there's a takeover rumour the stock spikes up 3 or 4 dollars and then crashes as soon as the company denies the rumour.

I'm also concerned about T. Matthews. Sounds like the guy has a big ego, not unlike Ray Loewen. And we all know what happened with Loewen.