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To: Beachside Bill who wrote (804)	3/12/1998 1:17:00 PM
From: SteveG	Read Replies (1) of 1181

[offtopic] BT Alex. Brown Ups Newbridge Networks To Buy / Had Rated Newbridge Networks Mkt Perform BTAB networking analyst Michael Gordon had the following to add to his upgrade today. These are condensed comments from this morning's call: -TDM business has stabilized -China continues to be stable -36170 continues to do well -new products and contracts coming -UB damage over -valuation compelling and estimates have bottomed -maintaining estimates FY98 of $.41 and FY99 of $1.00 -12 month $35-40 price target

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