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


To: James Calladine who wrote (15801)12/15/1999 10:28:00 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 18016
 
James Calladine: Yours = the first intelligent post this AM. [ after mine of course :-) ].

TA

Message #15801 from James Calladine at Dec 15 1999 10:25AM

WHAT IS GOING ON?

Lots of interesting dialog today:

FLYNN: We're not talking to anybody
right now."

In response to this (I think) someone posted that they were
off in the direction of CS because at least their CEO was not a liar! Don't count on it! In these matters, just about everybody is capable of shading the truth.

For example, if at the very moment that Flynn made the comment above they were not talking to anybody about acquisition---(at that very moment)--he was telling the
truth.

You don't really expect him to say:

"We are talking to a few people. Shitty bids so far. Terry probably won't take any of them--and if he does, I am toast,
probably"

do you?

I expect NN will be acquired. But who knows, really, until it happens, or doesn't happen. In the meantime, the fact that there is a new CEO, who is doing things that on
the surfact seem positive is fine with me.

And being down 7/8 on a volume of 222k shares does not seem to me to be a run for the exits.

Best wishes,
Jim