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


To: Bob Howarth who wrote (14512)11/13/1999 8:19:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 18016
 
Bob,

With the proven ATM success and the probable success of LMDS and the growth expected for those markets, I can't believe that NN will rush to accept the first bid in the $30+ neighbourhood. ... unless it's vastly in excess of $30.

On its own, I suspect that NN will make it to $60+ USD within 2 years. I don't expect similar stock price growth from any of the Europeans mentioned. Unless, NN gets a good offer from a faster grower (e.g. - a Nortel, Tellabs, or Lucent type of company), I'd personally prefer to see them do their own thing for the next few months at least.

JMHO,
Ian.