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Technology Stocks : Newbridge Networks

NN 12.53

-1.5%

3:59 PM EST

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To: Frodo who wrote (17070)	2/16/2000 8:47:00 AM
From: zbyslaw owczarczyk	Read Replies (1) of 18016

"He [Mr. Tchuruk] wants to be number one in something. And buying Newbridge would make Alcatel a world leader in ATM, at least for the time being," said one source close to the negotiations. "His direct reports know they can't maintain market share [in ATM], that it's sure to drop ... but he wants to buy it." They also forgot to mention that NN leadership in core LMDS + ALA access LMDS = No. 1 worldwide. It is so obvious that I do not think Mr.Tchuruk's EVPs are so stupid. This also tells me this rumor was invented by Street. As far as ATM drop. Well with FCC ruling everybody including RBOCs know that ATM will growth significantly over the next several years. Zbyslaw

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