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

To: James Calladine who wrote (17375)2/21/2000 9:14:00 AM
From: schlep  Read Replies (1) | Respond to of 18016
 
Anyone know if like in a US company, Canada requires listing a buyer who has achieved 5% stake in a company? I am trying to find out if ALA would be required to report whether they have accumulated >5% of NN shares from the open market?

-schelp



To: James Calladine who wrote (17375)2/21/2000 9:51:00 AM
From: zbyslaw owczarczyk  Read Replies (2) | Respond to of 18016
 
James in TSE RTQ T.NNC(9:46 am)47.95Cd(33.0US) vol 57.7 k

Regards
Zbyslaw



To: James Calladine who wrote (17375)2/21/2000 12:59:00 PM
From: Doug  Read Replies (1) | Respond to of 18016
 
James: If this is a fixed price contractual share swap, it would make better sense for ALA to have announced a share Buy back and propped the price up at Thursdays close. That way they would have save a 12% xtra dilution.

Since this was not done, it may be that it is a range
bound share swap within certain limits.


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