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

To: Glenn McDougall who wrote (13815)	10/22/1999 8:55:00 AM
From: gbh	Read Replies (2) \| Respond to of 18016

Earnings - I agree with Pat, the company has no choice but to keep quiet. The very last thing we need is another Q that is missed either by whisper # or the actual #. In this case short term pain must be paid regardless of the price. Glenn, one of managements top priorities (if not THE top priority) is increasing shareholder value. Given we are only 9 days from quarter's end, the company should already know whether the quarter will meet expectations; if they are going to meet. If there was comfort already, they should act proactively NOW, to stop the slide in the stock price, by pre-announcing positively. I can only conclude, that at this late date, the quarter is not "in the bag". A quarter not already made, just 9 days from the close, is a very high risk proposition for the shareholders, no matter how you or Pat slices it. This is what the market is saying right now. As soon as the company is sure of the quarter, it should pre-announce results. Hopefully, this will be a positive pre-announce. The further the stock slides, the more difficult the re-trace to even last quarter's levels will be. Wouldn't it be pathetic if the company has another good quarter, and subsequently the stock rises 30%, back to 26 level... Gary

To: Glenn McDougall who wrote (13815)	10/26/1999 7:41:00 PM
From: Serge Collins	Read Replies (2) \| Respond to of 18016

Glenn McDougall: You state the following, "the deal imo will go through although the company would be well advised to use cash." The question I have for you is -- how can this be done? The merger agreement clearly stipulates that Stanford shareholders are to receive $30 of Newbridge stock plus (CVR). Newbridge would have to postpone the special meeting and rewrite the agreement in order to do this. Now that would be a major blow to their credibility, or rather, what little credibility they have left.