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Technology Stocks : Newbridge Networks
NN 17.26+2.9%Dec 22 3:59 PM EST
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To: Robert Ling who wrote (2554)12/11/1997 1:38:00 PM
From: zbyslaw owczarczyk   of 18016
 
I have just spoken to NN.Today news is not official and NN did not make any coments.I also asked if NN is obligated to pay 50 mln to T andem Comp. in case when UB will faied.NN is not obligated to pay 50 mln, which was put aside, if investment in UB will not meet the company expectations or UB, which was bougth as an additional distribution channel, will be sold.
The sale of VIVID products via telecoms is doing well.
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