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Technology Stocks : Newbridge Networks
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To: Thomas Scharf who wrote (2637)1/5/1998 12:16:00 AM
From: Sans Souci  Read Replies (1) of 18016
 
Positive mention of Newbridge in the Jan 3rd F/P:

"...companies that produce backbone switches and other infrastructure components are reaping benefits of the booming demand for bandwidth. Telecom equipment companies like NEWBRIDGE NETWORKS and JDS Fitel are reporting strong revenue growth, supplying raw materials for companies to build their data networks... Most analysts rate Newbridge and JDS as stocks to buy on the strength of those growth prospects"

IMO, Newbridge will close out 1998 up about 50% from here, or approx C$75/sh.

-- Paul

PS: check out that JDS FITEL, toronto:"JDS"
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