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


To: Ian@SI who wrote (7582)11/20/1998 12:30:00 PM
From: Thomas Scharf  Respond to of 18016
 
>> Online speculators quoted a Florida newspaper as saying that the low stock price and the ratio of price to earnings makes Newbridge a cheap target. The newspaper said Siemens may buy Newbridge for $5-billion (US) or $28 (US) a share. <<

OK girls & boys, Let's see a show of hands here...Would you rather get US$28 for your NN shares (in 3-6 months because of the lag in completing a take-over) or keep NN private for a while longer & see where the bandwidth explosion at the backbone can take NN by itself? Vote SELL or HOLD

I vote HOLD!!!!!!! $28 is way too low. Now for US$50...hmmm