Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: larry pollock who wrote (2790)	1/22/1998 11:24:00 AM
From: Fishfinder	Respond to of 18016

Yes I think you have a very good point Larry. Regards Scott

To: larry pollock who wrote (2790)	1/22/1998 1:47:00 PM
From: Bob Martin	Read Replies (1) \| Respond to of 18016

>> As the stock is downgraded this morning and, currently it is trading at 29 3/8, down 1 5/8, I would like to make some comments. First of all, while TM does own a lot of the company, he does not own the company. Also, over time, the compensation that is paid him via his privately held company will rise given his hotel/golf complex expansion plans. As I had previously stated, Newbridge paid him(his privately held company) $3,200,000 in NN's 1997 calendar year. In NN's 1996 calendar year, his company was paid $1,650,000. To me, TM's property development activities are a "Big friggin deal." At what point does his focus of attention shift from NN to his property development? What TM does with his stock is his own business, I don't care. I'm very concerned that the bulk of his compensation has no direct link to his performance as CEO of NN. This is a "Big friggin deal." << Then you shouldn't own the stock. I mean, what are you trying to accomplish here? All the info is out there. You either have a problem with it or you don't, but there's nothing illegal about it. If you have a problem with it, then don't own the stock. If you don't have a problem with it, then own the stock, or don't own it for other reasons. That's why there's a marketplace of stocks, you don't HAVE to own them all! I think we've covered all the angles on this issue, so can we let it rest now? Bob (Long NN since Nov. 94)

To: larry pollock who wrote (2790)	1/22/1998 2:05:00 PM
From: nick cash	Read Replies (1) \| Respond to of 18016

i have got to chime in on this nonsense. if you had done your homework before you bought your shares you would know all about t m's property company and other dealings his other companies have had/have with nn. it is all in sec documents that you should have looked at before investing. this is not new news. there has never been any effort to hide these arrangements. yes, it's a bit unusual but certainly not unprecedented. i doubt anyone would be drudging up this very very old news if it were not for the fact that the stock is down from 69. the 2 items are not related. next you can question the fact that t m owns personal stakes in all the nn affiliates also. in addition to the long standing full disclosure of all this consider one other thing.......... what one person in this world has the most personal wealth at stake with each point move up or down in nn stock? there can be no question that t m has more to gain or lose thru nn stock price movement than thru real estate dealing-by a factor of a thousand. most ceo's have little to gain or lose from the movement of their company's stock price-not the case here. t m's fortunes are in 100% alignment with those of the shareholders. if you want to bitch about something bitch about the poor business decisions of the past year and the lack of discipline in growing s g and a expenses-these are what affect your stock investment-not who nn buys land from. as to the stock. if we can get an ok close from here, today could be viewed as a positive if it holds up again tomorrow. with a 2 step downgrade the stock has not breached it's lows of the month and the volume is actually down from yesterday. technically this tells me that the stock is either sold out or damn close. time will tell..... all imo only....nick