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

To: Doug who wrote (14938)	11/22/1999 5:27:00 PM
From: Doug	Respond to of 18016

This is the most likely scenario to enhance shareholder's value. It may look like an inside leak from MDSW the Investment Banker ; but it is not. NN's two divisions, Wireless and ATM Switches are to be sold off as separate IPO's. Only 10% of the IPO will be released to the public. 90 % will be retained by NN's shareholders who will only be allowed to sell their shares after a minimum period of 6 mths after the IPO is released. The existing assets will be divided on a pro-rata basis and transferred to the new Companies. The new Companies will be headed by a set handpicked from the NN's Mgmt pool. No outsiders like LUTZ will be involved for fear of another PUTZ. The Wireless IPO will be released in January followed 6 mths later by the ATM SWitch . The names of the Companies will be New_wireless and New_TM. Existing shareholder who sold in the past 3 months will be debarred from holding shares subject to STC concurrance..