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

To: Peppe who wrote (5458)	7/8/1998 1:28:00 PM
From: zbyslaw owczarczyk	Read Replies (3) \| Respond to of 18016

Peppe,<In an industry where size matters more and more, TM may indeed want to bail while he can still get good money for NN. Not being bought may be NN's greatest danger, left to face NT (with BAY), LU (with ASND ?) and CSCO.>.I want you encourage you to first study NN more precisely and then commit you mony on hope that someone will take it over.In ATM arena NN is merried to Simens Telecom Division which has about 11 bilions in ravenue!.Thay complement each others very well, and have unify products lines, R&D etc. At this point NN does not need to merge.Each merger is associated with extra expences!

To: Peppe who wrote (5458)	7/8/1998 2:30:00 PM
From: Another Investor	Read Replies (2) \| Respond to of 18016

Peppe, <<In an industry where size matters more and more, TM may indeed want to bail while he can still get good money for NN.>> You obviously don't know TM and have never seen him in action. TM and the word "bail" do not go well together in the same sentence. He built NN from scratch and is responsible for all of NN's affiliates being created. If, for some reason, he thinks that a merger will be beneficial to NN's growth, then I suppose he'll do it but even that is pushing it. He'll partner to grow but merging will reduce his control over things and he LOVES controlling things and doing things HIS way. People who get in his way get steam-rolled! AI

To: Peppe who wrote (5458)	7/8/1998 5:37:00 PM
From: Rhys Roberts	Read Replies (1) \| Respond to of 18016

Peppe, <TM just won't sell and unless he decides to nothing can happen.> TM, according to the Ottawa Citizen, owns 21% of NN. That's not exactly a controlling stake. If he decides to hold onto his shares, it is conceivable that LU or someone else can acquire controllong interest. Actually he own from what I remember is along the lines 22%, but newbridge itself hold 10%(I believe). Old chums of TM probably (original investors) account for nearly 5-7%. Employees controls a hefty stake of options which NN controls the voting rights on. so he probably can get to about 40% without any real worries. <Cisco has yet to acquire ONE top level member of NN.> I don't see the relevance of that statement. Senior staff at NN is in Canada and CSCO is in Silicon Valley. The most senior member of Newbridge's staff in the US was their VP sales and he just resigned !! (Maybe he's joining CSCO <vbg>) The rumor around here is that it was a resign or else option. some Baby bell company refused to do business with him because of trust dificulties. Thats just rumor. People are being headhunted all the time in Kanata. If a takeover were iminent I would think we might see some flight of senior execs, so they could be assured of a well paying job somewhere. Distance doesn't matter, If you remember CSCO bought Skystone (They made sonet equipment) a small Kanata outfit here last summer for nearly 80 mill. Borders and distance don't matter in the high tech industry the technology is the all important variable. LU wont get ASND(or NN for that matter) for a while. LU has a deal with ATT after they were spun loose that LU can't use Stock in any takeover or acquisitions for 2 years that dosen't expire until October. So If your smart buy some LU and watch the stock fly on take overs at the end of this year! Siemens might buy NN but this is incredibly unlikely, for chats on this goto the Siemens board. All in all I think selling NN in the short term (3-6 months) won't happen but 1 or 2 bad more bad quarters and who knows? Regards Rhys