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


To: zbyslaw owczarczyk who wrote (17187)2/18/2000 8:35:00 AM
From: Peppe  Respond to of 18016
 
ZO,

Now it's hit the wallstreet journal. Here's what we think we kn ow will happen:

1- NN will announce better than expected earnings Tuesday
2- ALA will buy NN for $42-$45/share (hope there's a collar)
3- NN stock will trade between $36-$39 after announcement, pending approval of SEC, EC, etc....

If NN doesn't announce a take-over, NN will trade back to the hogh 20s.

I'm taking my profits today; upside risk just not worth it for me.

Cheers,

peppe