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

To: Tunica Albuginea who wrote (14565)	11/15/1999 11:35:00 AM
From: Tunica Albuginea	Respond to of 18016

From Upside.com. Executive briefing, upside.com Market activity shows very big volume but small price fluctuation: looks like Institutions are systematically taking out the weak hands and loading up on NN. TA@waitingforthebigannouncement.com

To: Tunica Albuginea who wrote (14565)	11/15/1999 11:42:00 AM
From: Doug	Read Replies (1) \| Respond to of 18016

Tunica: Any issue of new shares to ERICY will cause proportionate share dilution. Hence that clip on ERICY's buying a part stake in NN does not appear logical. If additional shares is not the solution, ERICY can establish its position by buying existing shares on the openMarket. In that case it would have done so quietly commencing from the low. All this news churning may not be efective to prop up NN beyond Friday. Investors may be wise to evaluate their options both short term (End of year) and long term (end March 00).

To: Tunica Albuginea who wrote (14565)	11/15/1999 12:09:00 PM
From: elmatador	Read Replies (2) \| Respond to of 18016

ERICSSON: NEWBRIDGE DENIES BUY-OUT TALKS (Nyhetsbyr†n Direkt) - STOCKHOLM (Direkt) 1999-11-15 Canadian Newbridge Networks on Monday denied it has been in talks with Ericsson or Alcatel about a possible buy-out, according to Bloomberg News. The denial came on the heels of several days of intensive speculation of a buy-out or takeover, for example in the Globe and Mail on Friday, caliming that Ericsson has shown renewed interest for Newbridge and that Alcatel would put a rival bid. Newbridge Networks admits that the company has been in talks with two European telecom companies. However, these talks have been about a reselling of Newbridge Networks' products. However, there hasn't been any agreement, according to the company's spokesperson John Lawlor. Lawlor also said that Newbridge has been in talks with Ericsson and Alcatel before, but that these discussions were not about a takeover of Newbridge. Ericssson, for its part, is more prone to buy a minority share of Newbridge than to acquire the entire company, wrote the Globe and Mail in a sequel article, according to Bloomberg News, citing a source within Ericsson. Ericsson is interested in Newbridge Network's ATM technology and to acquire a minority share would be a cheaper way to get access of this technology, according to the article.