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

To: Glenn McDougall who wrote (7906)11/26/1998 7:53:00 AM
From: thebeach  Read Replies (2) | Respond to of 18016
 
If you check the details ASND did not get the scraps, both companies will get major pieces and NN will get a little more.The announcements were a little ambiguous but it is clear that both firms will benefit.



To: Glenn McDougall who wrote (7906)11/26/1998 9:11:00 AM
From: Serge Collins  Read Replies (2) | Respond to of 18016
 
Glenn: The Globe & Mail says the China Post contract is only worth about $15 million a year. Do you have any source that discusses the size of this contract other than the Globe?



To: Glenn McDougall who wrote (7906)11/26/1998 9:38:00 AM
From: Mark Duper  Read Replies (1) | Respond to of 18016
 
The only reason NN won this contract was because they reduced their margin to get the business- plain and simple. The Chinese scimped buying that piece of crap 36170 instead of the CBX500.

Yesterday's reaction was waaayyy overdone. If I were you I would sell NN because you are going to see $22 bucks again.

Have a good Thanksgiving,

Sup.


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