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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

Dec 5 9:30 AM EST

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To: micromike who wrote (11137)	5/5/1999 1:42:00 PM
From: Doug	of 18016

Mike: I did look for +ve's during todays trading. The volume was less than anticipated ; Institutional selling was only 50% of the days total. That tells me that the Book to Bill of 1.2 (though inflated because of Production) has made the next Q a lttle more attractive. Much depends on how NN will shape up between now and June 4 or so when another CC will be held. The COO needs to establish a:The quarterly ATM/TDM revenue capacity both normal and in overdrive b:The changes in the Organisaton to achieve these objectives and firm dates. c:The numbers of new Appointments and lost jobs. Let me know if you think your COO is up to the task.?

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