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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST
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To: William E Hodal who wrote (3280)2/22/1998 8:08:00 PM
From: Ian@SI   of 18016
 
Interesting tidbit from SBN:

Telecom 'keeps on truckin'

The U.S. market for telecom equipment and software will keep growing this year at the same rate that it did in '97. That's the word from the Telecommunications Industry Assn., which predicts this business will grow at 13% this year to hit $120.4B, up from $106.4B last year. Next year, growth will slow slightly to 9.4%, but then resume its double-digit pace in 2000, Jack Robertson writes in EBN. Frame relay, ATM, and switched multimegabit data service will grow the fastest, moving up 38% this year to $5.3B. The TIA also reported that U.S. exports of telecom gear last year jumped 23.5% to $21 billion, giving the nation a positive trade balance of $6.1 billion, nearly double that of '96.

Whole story at:

techweb.cmp.com
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