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

To: zbyslaw owczarczyk who wrote (14160)	11/2/1999 7:53:00 AM
From: Peppe	Read Replies (1) \| Respond to of 18016

Wow. Unbelievable. Lutz is toast. I guess someone knew something after all. Hopefully for the longs, this news is already reflected in the stock price. Bad news if it falls below $18. Good luck to the longs. Peppe

To: zbyslaw owczarczyk who wrote (14160)	11/2/1999 8:25:00 AM
From: gbh	Respond to of 18016

ZO, I would guess with Lutz gone, this company is on the blocks. This will be the only saving grace for the share price. 8 to 10 cents? Annualized to perhaps .50 (optimistic). Forward PE multiple contraction (could be severe). The stock could realistically be headed to sub-10 range over the next few months. Gary

To: zbyslaw owczarczyk who wrote (14160)	11/2/1999 8:29:00 AM
From: pat mudge	Read Replies (3) \| Respond to of 18016

Zbyslaw and all -- This is tragic news all the way around. There's no way you can put a positive spin on weakness in the US. Clearly the big guys are edging into whatever strongholds NN had. Those who said they needed a larger partner appear to be right. Alan's taken the rap and while I admire his willingness to shoulder the blame, I think Terry's throwing the baby out with the bath water. I don't know Pearse Flynn but I understand he's done a great job in Europe. Perhaps that's enough. Though I have my doubts. Time for conference call. . . Pat