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Technology Stocks : Newbridge Networks
NN 16.12+1.6%Dec 8 3:59 PM EST
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To: Glenn McDougall who wrote (3332)2/25/1998 2:02:00 PM
From: Mark Kubisz   of 18016
 
There was one bit of bad news that was not in the earnings release but was discussed in the conference call with analysts (as per the Globe and Mail), and that is that Newbridge laid off another 150 UB employees on February 2. Therefore, there will be another charge on the next quarter's earnings.
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