SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Jules V who wrote (2627)12/23/1997 12:50:00 PM
From: Frank Edwards  Read Replies (1) | Respond to of 18016
 
Jules asked:

Why did Mathews sell $16M last month ?

I don't think that this transaction amounts to much more than a
meeting of some short term personal cash flow requirement. As I understand it, Mr. Mathews has built a considerable empire beyond Newbridge. As a percentage of overall holdings, my understanding is that this transaction represents about 1/2 of one percent of Mr. Mathews current stake in Newbridge.

With a present holding of 38-39 million shares, it seems like Mr. Mathews is very committed to the longterm.

For what it's worth, does anyone have a tally on total insider trades
in Newbridge for 1997 ?

Frank



To: Jules V who wrote (2627)12/23/1997 2:42:00 PM
From: larry pollock  Read Replies (1) | Respond to of 18016
 
In the 12/22/97 Wall Street Journal, page A12, it was indicated that Siemens won a $564 million contract "from the state telecom operator in Greece to modernize that nation's phone system." Hopefully, Newbridge will be a participant in this contract. ATM anyone?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News