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

To: Glenn McDougall who wrote (7488)	11/18/1998 9:53:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 18016

Glenn, The CBC Newsworld item mentioned $750M Cdn explicitly. I suspect that the Dow Jones newsstory either had a typo or a misunderstanding. Other rumours talked about $500M US which, lo and behold, is almost exactly $750M Cdn. While I wouldn't turn my nose up at a 1:1 share swap for either LU or CSCO shares to replace my NN (highly unlikely even in a fantasy world), I'm also happy to just hold my NN and wait for their true value to come out. FWIW, Ian.

To: Glenn McDougall who wrote (7488)	11/19/1998 12:27:00 AM
From: pat mudge	Respond to of 18016

$750 million US is a large contract and gives Newbridge the respect that it has been looking for during the last year. Glenn -- Dow Jones was quoting an unnamed analyst whose numbers may or may not be accurate. Playing the devil's advocate: 1) that figure may be Canadian 2) it may represent the entire G-1 contract 3) it's unlikely NN will get 100% Bad information will backfire so I'll remain cautiously optimistic --- and continue to weigh all press as carefully as I can. Later -- Pat