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

To: Peppe who wrote (5834)	8/1/1998 12:02:00 PM
From: Glenn McDougall	Read Replies (1) \| Respond to of 18016

Lots of crap on the yahoo Newbridge thread however every now and then something interesting: <- Previous Next -> Message 3521 of 3558 Reply Changes already happening.... FREE2ENJOY Jul 31 1998 8:40AM EDT "I agree they have been having trouble in the US however I think Mr. Lutz may pull this into line quickly." I agree with you that changes will happen quickly. Any reorganization like this didn't start the day of the announcement, i.e., the conference call the other day. It's already been happening for several months, and the announcement means that they are confident in their plans. I.E., they've already seen the results and are now ready to tell the world about it. Bringing Lutz into the organization was the first step in the execution of the reorganization plan. Since then he has proven he can run the show and the rest of the reorganization plan would have resulted from the brainstorming of the BOD, and upper and middle level executives and managers. To have done it any other way, like announcing to the world projected $5 Billion in sales in a few years without a tested plan, would risk making all involved look like fools should the experiment fail. Also, keep in mind that most of the players are the same which indicates to me that NN is full of the right people, but had the wrong leader. Now, a new leader is in place, one that at least the shareholders, the media, and the analysts seem to respect (don't know about the employees - I don't work there). His style will be leveraged out over the organization - one that he obviously believes in. Ron P.S. The board is becoming full of anything but objective views on NN. The bickering over personalities should be done by email. I'm just glad I have a cable modem so I don't have to waste my time on it. Regards Glenn