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

To: Samuel Wayne Turner who wrote (15349)	12/4/1999 10:44:00 PM
From: gbh	Read Replies (1) \| Respond to of 18016

Depending on who buys, stock could be worth much more than cash,even if the initial stock offer is lower. For instance, ERICY or ALA are both in serious uptrends right now. If ERICY offers $33 in stock on Monday, or .6 shares for eac NN share, then the final stock price NN holders receive could be much higher if the acquirer moves higher. If at the close of the deal (say two months after the announce), ERICY was at $70, then the true value to NN holders would be $42, instead of the initial $33. Provided, of course, you held your stock to deal closure. This is precisely what happened to ASND. So for NN holders, the initial price is somewhat less important, than who actually purchases. We would all be better of accepting a realistic price from a forward moving company, so that our NN shares can be dragged up. NN certainly isn't going up on its own any time soon... Gary