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

To: Ian@SI who wrote (13010)	8/25/1999 5:05:00 PM
From: Thomas DeGagne	Read Replies (2) \| Respond to of 18016

One aspect of this deal that I like is its all cash nature. There will be no dilution of future ATM earnings/share, only additions from the new aquisitions. The $350M price is spread out over two years, and is contingent on performance. Two more plusses. To me, this demonstrates shrewd negotiating by NN. Management obviously feels that the depressed share price is too low to use in mergers. Hopefully the market will vindicate the use of cash by driving up the shares! I'm hoping to see $40US soon.