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

To: pat mudge who wrote (8986)1/12/1999 1:32:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
True enough Pat.

Yet we know that there is a board meeting today at ASND to discuss an offer from LU. We know that ASND today is trading at a value that gives it a market cap of $ 16.5 Billion.

And LU buying ASND has been the longest running rumor on the street.

True, it may not happen. But it probably will. I was just contemplating NN's future valuation if the deal does go through.

Check out this URL for a quote from "a Lucent executive who refused to be named".

dailynews.yahoo.com

Cheers,

peppe



To: pat mudge who wrote (8986)1/12/1999 2:17:00 PM
From: zbyslaw owczarczyk  Read Replies (1) | Respond to of 18016
 
190k block crossed



To: pat mudge who wrote (8986)1/12/1999 2:20:00 PM
From: Ian@SI  Respond to of 18016
 
Pat,

It looks like NN has about 3 things going for it today...

1. Needham Conference presentation
2. BT Alex Brown Reiterate of BUY, saying that the Qtr is on track.
3. ATM takeover speculation spill over.

It is curious to see such strength in NN when its competitors are quite weak.

Perhaps, very good things are ahead???

Ian.


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