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

To: James Calladine who wrote (15887)	12/16/1999 11:16:00 AM
From: JS	Respond to of 18016

You may be right, that's why I only sold 50% of my position yesterday. Nobody has a crystal ball in these matters, the best we can do is guesstimate. If the price does not go back down but up I''ll benefit with my remaining shares. If they go down substantially, I'll buy more! Just hedging my chances. JMO Regards,

To: James Calladine who wrote (15887)	12/16/1999 11:42:00 AM
From: Michael M	Read Replies (1) \| Respond to of 18016

Yes, Jim. I think Flynn's remarks yesterday very appropriate. His job is to make the company function at its best - sale or no sale. I would hardly expect him to go into a shell or announce that he thinks the company can survive a few more quarters and we're pretty sure we might even get an offer pretty soon. In any case, his remarks seemed to have been changed later in the day to, "What Mr. Flynn meant to say....." Only one guy I can think of in a position to call for "guidance" re Flynn's remarks. If this view is accurate, it is a clear signal that the Big Guy is serious about unloading the company. I think Flynn sent a message to one or more suitors that NN is willing to sell but does not have to sell. I suspect (no, I don't have the first fact) that NN is very close to making a deal with someone right now (maybe today - maybe Monday). Newbridge completed its latest acquisition two days ago (I think that needed to be done before a deal). The company seems to have demonstrated that its new gear is ready on (or ahead of) schedule. It has also moved rapidly to streamline. And, of course, the great analyst, Rob Mac' is still claiming considerable interest in a deal :-) My personal belief is the company can be revived and I think Flynn might have the stuff to do it. IF NN has value going forward -- it's a simple case of pay me now or pay me later (presuming TM stays in a selling mood). Some high stakes poker going on, if you ask me. A now or maybe never situation? Mike