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

To: zbyslaw owczarczyk who wrote (16937)	2/9/2000 2:49:00 PM
From: Peppe	Read Replies (1) \| Respond to of 18016

ZO, agreed. large blocks on NN today as well. peppe

To: zbyslaw owczarczyk who wrote (16937)	2/9/2000 4:21:00 PM
From: larscot	Read Replies (2) \| Respond to of 18016

Gents, I took this off the Yahooigan board: >> "People who think a European company will buy Newbridge don't know what they are talking about. Under EU accounting rules, you cannot do pooling of interests and must carry goodwill and amortize it. Furthermore, EU companies are restricted from making big acquisitions using their stock as shareholder laws prevent companies from diluting shareholders' stake in a company. You can use your stock but only under certain conditions. A buyout of Newbridge would be impossible because the dilution rules would kick in as it would exceed the dilution threshold established by law." Does this make sense or is there a flaw in their reasoning?