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: Thomas Scharf who wrote (2768)1/21/1998 3:48:00 PM
From: Fishfinder  Read Replies (1) | Respond to of 18016
 
Well put Mr. Scarf
Regards
Scott



To: Thomas Scharf who wrote (2768)1/21/1998 3:51:00 PM
From: Tunica Albuginea  Read Replies (4) | Respond to of 18016
 
Thomas S. good post. Bought more Nn at 30 today. I liked the new contract from Virginia: the Medical Center; those guys shopped for 4 months. docs are very finicky about the quality of XRays, ultrasounds etc on line: somebody's life depends on them. Picking NN shows that they have the best product. My guess is that if an AT&T deal is announced NN will be up 9-10 points that day. +/- same with 3Com.

TA



To: Thomas Scharf who wrote (2768)1/21/1998 8:17:00 PM
From: Wayne Lian  Read Replies (1) | Respond to of 18016
 
<<As long as TM is upfront about his real estate interests and charges NN fair market prices, I see no conflict of interest.>>

Who can be sure fair market prices are charged? Have there been competitive bidding? HIGHLY UNLIKELY.

I have been thinking, should I give TM the benefit of the doubt. I decided not to because if he is such a candid person he would volunteerly withhold from such dealing. Who is out there to prevent him from self serving, milking the company?

<<All this harping about conflict of interest is just sour grapes because you probably bought NN at or near it's peak & are sitting on some paper losses.>>
You talked about my position without any basis of fact. You are a loser, man. I bought at $28 and change.



To: Thomas Scharf who wrote (2768)1/21/1998 8:50:00 PM
From: Wayne Lian  Read Replies (2) | Respond to of 18016
 
To All: I have been accused by Thomas Scharf on this thread of two things:
1. I will be calling for a class action law suit against NN.
2. The reason is I bought NN at or near its peak and sitting on paper loss.

His post addressed to me is as follows:
<<Give it a rest, please. As long as TM is upfront about his real estate interests and charges NN fair market prices, I see no conflict of interest. He didn't move the company to enhance the value of his real estate, rather he developed real estate where the company was located, perhaps when nobody else would make the investment. He is actually taking quite a personal risk. If NN doesn't grow enough to fill his technology park, he could take a real financial bath.

All this harping about conflict of interest is just sour grapes because you probably bought NN at or near it's peak & are sitting on some paper losses. Now you want to find someone else to blame. Next thing you know you'll be calling for a class action law suit that will only hurt the company and enrich a few scum-bag lawyers.>>

All these acusation is because I posted:
<<Larry, I strongly agree with you that there is conflict of interest for the CEO to develop real estate that will be used by the corporation. He is making the rest of the shareholders second class citizens. It is a sign of worse things to come.

I am going to sell the next couple days.>>

Since a couple people applauded Thomas' post, I would like your opinion what is it in my post that I deserved the accusation? By the way, both accusation are false: I neither ever thought about class action lawsuit against NN, nor did I lose money on NN. It is still a mystery to me where Thomas got those thoughts from.

Wayne



To: Thomas Scharf who wrote (2768)1/22/1998 9:19:00 AM
From: Larry Forsyth  Read Replies (1) | Respond to of 18016
 
BRAVO Thomas!



To: Thomas Scharf who wrote (2768)1/26/1998 12:47:00 PM
From: larry pollock  Read Replies (3) | Respond to of 18016
 
To those of you individuals who criticized me and others relative to our views on the $200 million pleasure palace that TM is building, why are you so silent as the stock price drops below its 52-week low?
Must be a lot of silent shareholders content with the stock action.