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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST

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To: Joseph Colombo who wrote (3808)3/19/1998 6:59:00 PM
From: Barron Von Hymen  Read Replies (1) of 18016
 
Maybe it's not that Newbridge lost a contract. Article doesn't sound like FORE actually was awarded a contract, just announced a partnership/reseller collaboration with DT.

I thought the rumours were that Newbridge was competing with CISCO for an ATM contract. If those were the rumours, it doesn't make sense that that FORE article should have knocked down NN by so much. FORE deal really wasn't a contract, and as someone already has said, FORE should have rallied big time on news that it beat out NN to a contract. I'd like to know what's really going on, before I head home, so if someone finds the corrected article, please post ASAP.

Thanks.

BVH.
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