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


To: Doug who wrote (13865)10/25/1999 2:01:00 PM
From: Serge Collins  Read Replies (1) | Respond to of 18016
 
Doug: I agree, the market has taken a "show me" attitude vis-a-vis Newbridge, and it will take many positive quarters to turn the negative perception around. I doubt they will ever get the respect that Nortel has. Nortel has moved agressively into fibre-optics, which is a big growth area. That's why the market is willing to pay a huge premium for those recent optical IPOs. Newbridge is not a player in that area, and it will suffer as a result. If you're not in that space, you're not going to get the big multiple.

More dreary days ahead for Newbridge shareholders.