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


To: blaireo1 who wrote (15933)12/17/1999 8:44:00 AM
From: Frodo  Read Replies (1) | Respond to of 18016
 
From the National Post....

BEST - AND WORST - FOR YEAR AHEAD:

Scotia Capital Markets' picks and for 2000 (all targets are
12-month prices per share):

- Placer Dome Inc. (PDG/TSE) Highest leverage to gold of senior
producers trading at cheapest levels since 1992. Target price is
$29.97 for an 85.9% return.

- SNC-Lavalin Group Inc. (SNC/ TSE) Favourable highway 407
lease worth an incremental $8 to $12 a share. Target price of $20
for a 85.3% return

And Scotia's pans:

- Newbridge Networks Corp. (NNC/TSE) Needs to put itself up
for sale, but prospects for such an event occurring are low in near to
mid term. Rating is "hold" with a $35 target price.

- Microcell Telecommunications Inc. (MTIb/TSE) Operating
performance weaker than peers. Rating is "reduce" with $32 target
price.

- Dylex Ltd. (DLX/TSE) Potential negative earnings surprises
during restructuring. Rating is "hold" with $2.65 target.

- Acetex Corp. (ATX/TSE) Acetic acid margins will remain
depressed for several more years. Rating is "reduce" with $6 target.



To: blaireo1 who wrote (15933)12/17/1999 8:46:00 AM
From: thebeach  Respond to of 18016
 
Take a look at premarket bid ask for NNC on Toronto.MM's are out for max pain on options.Futures are up 43 on the techs and NNC is bid down $1.50.This is incredible.