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

To: James Calladine who wrote (17890)	3/17/2000 11:38:00 AM
From: blaireo1	Respond to of 18016

<<At this point I am not so sure that I want to hang around for ALA shares that don't have any life. Do the arbs short so heavily that they can effectively kill the action in a stock until the merger is done?>> Jim, I'm sure Doug could shed some light on this. I would be interested in hearing his thoughts on the subject. Blaireo

To: James Calladine who wrote (17890)	3/17/2000 1:00:00 PM
From: Bob Howarth	Read Replies (2) \| Respond to of 18016

James and other fellow NN shareholders. This deal with ALA is really starting to stink, to be quite blunt. NN has traded at substantially higher prices in the past, while ALA stock seems weak at best. We got no collar to protect us from ALA price collapse that is occurring, and no way to get out of the deal without ALA getting to buy shares to dilute NN. I think the investment banker has done a really lousey job, doing absolutely nothing for NN except letting it be looted. ALA should give a share of ALA per NN share, and there should be a guaranteed bottom at which NN can free of charge escape. Like I said, this deal really stinks big time!