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


To: zbyslaw owczarczyk who wrote (17071)2/16/2000 8:53:00 AM
From: James Calladine  Read Replies (1) | Respond to of 18016
 
ALA:

It is standard negotiating practice that one party (CEO) is the good guy (wants the deal) and the other party (ALA Board) is the bad guy (it's too expensive).

It makes total sense because:

-- maybe they can shake out a few million cheaper shares in the market by suggesting the deal is shaky, over a few
more days of market action (lowering the average share price).

-- perhaps they can get some further concessions on the price or deal

-- NN is up against a time constraint of FEB 22. If they do not do the deal, do they have a good enough story to keep the share price up? If not, the price may tank,
ALA perhaps buying more in the market, and then they may end up remaking the deal at a LOWER price.

I think this is GREAT news. It tells us that ALA are
serious, and on the scene. Also that TM actually HAS a price
on the table!

Great fun!

Best wishes,
Jim