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


To: Tunica Albuginea who wrote (14488)11/12/1999 4:48:00 PM
From: Ian@SI  Respond to of 18016
 
TA,

I suspect that you'll be well rewarded.

NN has the same 350 large Carrier / ISP / Enterprise customers that it did prior to AL's sudden departure. It has the same products, the same prospects plus a few new ones with the addition of Northchurch, Timestep and STII that it did prior to the warning.

Essentially, it's a more valuable company with more revenues, etc than it was when trading at $40USD.

I believe that LMDS will be absolutely huge; and that NN has a good headstart here.

The only thing that would make me happy selling for $40USD would be a reality check against today's current price.

While the rumours are almost certainly what has caused the bounce from 14, the prospects are what got me here and what's keeping me there. Those prospects will outlast any one individual.

FWIW,
Ian.