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

To: RP who wrote (14853)11/20/1999 3:25:00 PM
From: Doug  Read Replies (3) | Respond to of 18016
 
RP: ERICY is the most likely. It has nearly $22b sales and a
pretax Income of $1.8b. I am sure it can raise the necessary Financing for the deal .

If there is only one Bidder, ERICY is likely to adhere to its original offer or even reduce it.

It is therefore important that some Whiteknight comes to the rescue and opens the bidding above ERICY's original offer. Without a second bidder, Investors could be forced with an ultimatum.



To: RP who wrote (14853)11/21/1999 11:08:00 AM
From: Another Investor  Read Replies (1) | Respond to of 18016
 
I'm not sure if anybody's noticed this but the Globe and Mail refers to TM selling HIS stake. Is this different than selling the whole company????? It is to me!

>>
Newbridge Networks Corp. is aggressively pushing the message to the investment community that chairman and chief executive officer Terence Matthews is ready to sell his stake in the company he founded.


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