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

To: zbyslaw owczarczyk who wrote (7434)	11/18/1998 9:16:00 AM
From: Peppe	Respond to of 18016

ZO, LOL !! It's not good enough for you that I'm long NN, you want to know why, as well ? OK, here's why.. 1- Takeover speculation is still a huge factor. I doubt that LU will buy ASND and in NN, they'd get Cambrian as well, which would be a great fit with LU's long-haul DWDM products. Throw in LU's deal with WINSTAR ($ 2 billion LMDS deal with no mature RF product in-house) and NN is on top of the LU shopping list, IMO. 2- Lots of huge deals that will be decided soon. Law of averages says NN will win at least one, maybe two. 3- Everything else is getting very pricey. NN is still a very good value play, combining a relative low PE, take-over potential and huge deals that are to be announced. I just couldn't resist. My target: $ 30 US by year end. (assuming market doesn't crash and burn again). Cheers, Peppe