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Technology Stocks : Newbridge Networks

NN 12.53

-1.5%

Nov 19 3:59 PM EST

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To: zbyslaw owczarczyk who wrote (16763)	2/1/2000 7:33:00 AM
From: Glenn McDougall	Read Replies (3) of 18016

A interesting article in today's Globe and Mail. It talks about BCE, SBC striking a relationship with the new FT Global One group. Think of the implications for NN. Random thoughts...imo on or prior to the release of the 450 for testing MCI/Worldcom/Sprint will become a major client of NN...I expect a very strong Q from NN...my current thinking is the company has between a 70 and 75% chance of being sold or strike a new relationship this month...the question is to whom...imo NN has the technology currently to over double their share price the problem is the past missed Q's will hold down the share price for some time to come...I have increased my NN position, I think the stock is very much undervalued based on the new products they have...I don't think Siemens will be in the race to purchase NN. Regards Glenn

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