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Technology Stocks : Newbridge Networks

NN 13.69

-2.5%

3:59 PM EST

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To: Gilbert Drapeau who wrote (17953)	4/6/2000 3:46:00 PM
From: Steve Fancy	Read Replies (2) of 18016

Newbridge Networks Sees 4th Quarter Revenue Above Forecasts Dow Jones Online News, 04/6/2000 15:37 KANATA, Ont. -(Dow Jones)- Newbridge Networks Corp. (NN) said it expects fourth quarter revenues will meet or exceed forecasts. In a press release, the company said it expects to achieve "record" revenue in the quarter ending April 30 for its core broadband switches and broadband access products, and is on track to meet forecasts. The company said "our expected revenue in this quarter is continued proof that Newbridge and its employees have succeeded in our ambitious plans to restructure the company." The company didn't provide specific forecasts for revenues or earnings for the fourth quarter. Newbridge Networks is a networking-equipment vendor. -Matthew Sylvain, Dow Jones Newswires; 416-306-2100 (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved

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