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Technology Stocks : Newbridge Networks

NN 13.98

+0.9%

Nov 26 3:59 PM EST

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To: Glenn McDougall who wrote (14656)	11/18/1999 8:47:00 AM
From: MikeM54321	Read Replies (2) of 18016

"In it, he [Terence] will point out that Newbridge's overall ATM business is still quite healthy, with year-over-year sales in the second quarter up 70 per cent, despite the weakness in the U.S." Glenn and Thread, Well there's that statement again. So North America is sequentially down. But yr/yr ATM revenues is up 70%. BTW, in the CC two weeks ago Terence said twice, it was 80%. Last year's Q2 total revenues were $296 million. Does anyone have any idea what this translates to in dollar figures? "ATM" is a pretty broad term. I was very surprised no analyst asked for a breakdown. Everyone was so focused on NN's failures. Maybe it was some kind of Terence error? Or maybe he lacks credibility? Or maybe he was strictly referring to ATM revenues in Europe yr/yr? It is puzzling that an ATM specialist makes a statement like this and it virtually goes ignored. MikeM(From Florida)

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