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Technology Stocks : Newbridge Networks
NN 16.36+1.5%3:59 PM EST
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To: William E Hodal who wrote (5113)6/12/1998 11:02:00 AM
From: pat mudge   of 18016
 
Having endured a few setbacks, the ATM chip business is expected to grow to $199.6 million this year, up 39.5% from $143 million in 1997, according to Shannon Pleasant, an industry analyst at In-Stat Inc., Scottsdale, Ariz.

Bill --

Thanks for the article. I'll make some calls and ask whether statistics have changed since the article was written.

Yearly growth of 39.5% isn't bad, especially compared to the semiconductor capital spending figures at 20 - 22% decline, and for the semiconductor capital equipment industry, a decline of 18 - 20%.

Later --

Pat

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