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


To: James Joyce who wrote (14283)11/3/1999 3:07:00 PM
From: Thomas Scharf  Read Replies (2) | Respond to of 18016
 
>>TM built the company to two billion. Lutz almost destroyed the place with his absolute lack of any leadership ability.<<

Sorry, but I think you have it bass-ackwards. As much as I admire TM's vision, it was his management errors that put NN in such deep hole that Lutz couldn't dig them out in the allotted time frame. I have been following NN for 4 years (long the whole time) & the earliest questions I had about results had to do with the inability to get operating margins under control. That is the core of recent problems imho.