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

To: Glenn McDougall who wrote (9461)	2/8/1999 3:44:00 PM
From: Doug	Respond to of 18016

Glen: Thanks for that "words of wisdom" clip. #6123 on LU Board is also relevant. The following was my rational for my sell recommendation on LU on the day of its high. Based on the new shares. LU: Shares 1320m ; Rev/q= $9204m ; Income=$1414m ASND: Shares 177m ; Rev/q=$475m ; Income=$69.8m New LU: Shares 1497m; Rev/q=$9675m; Income=$1484m Prorata based on existing performance w/o any growth. New LU: Shares 1497m ; Rev 10972m ; Income=$1603.6m With 15% growth the revenue and Income figures will have to be much higher.