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Technology Stocks : Newbridge Networks

NN 14.04

-1.2%

3:59 PM EST

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To: New Economy who wrote (12961)	8/24/1999 10:26:00 PM
From: Ian@SI	Read Replies (2) of 18016

NT only annoyed the analysts for 1 quarter in a row. NN already went up more than $1 today. Pat left out Alan's comments near the end of the conference call when he referenced that Ben Dummett's rumours were about to become reality. [my translation, not his exact words.] But Alan did reference Dummett. He did say the Board had already approved the transaction (when talking about the Juniper sale, he mentioned that proceeds from JNPR not required as the BOD had already approved the transaction using existing assets.). So my guess is that we see NorthChurch and Ironbridge come into the fold before the middle of September. With an industry beating IP strategy delivered as tangible products fully integrated with its ATM switch, I could see NN's stock moving bigtime. The other very encouraging comment was also from Alan. "LMDS is going to be much bigger than we thought." And I think they already thought it was going to be humongous. Ian.

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