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


To: zbyslaw owczarczyk who wrote (17099)2/16/2000 7:45:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
Z.O: True but that does not deter the market from making up its own valuation.

If the buyer disregards market valuations and pays more, Investors will sell down the Buyers stock after acquistion.
That very risk deters CEO's from making an expensive acquistion.