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


To: pat mudge who wrote (8398)12/9/1998 11:40:00 AM
From: Glenn McDougall  Read Replies (2) | Respond to of 18016
 
This is like a game of chess and another move has just been made.
The question is how good are the Newbridge chess players? I expect
they are excellent.

For now I think Cambrian will become OPTERA Networks and remain in the new building built by Terry.
Based on old information the next round of financing for Cambrian was to go out around $6.00-$7.50 per share and they sold the company for ~$28.00-$29.00 dollars (Canadian) per share. Shareholders did very well. These include the employees of Cambrian. From what I can tell the employees of the company at first glance seem to be happy with the deal.

Regards
Glenn