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Technology Stocks : Newbridge Networks

NN 11.36

-9.3%

3:59 PM EST

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To: Doug who wrote (5123)	6/12/1998 3:47:00 PM
From: Chris Stovin	Read Replies (2) of 18016

RBC Dominion Securities Morning notes for June 12, 1998. Note that the price in brackets must be a typo...I hope it is and not a projection!!!!!! NEWBRIDGE NTWKS (NNC $3.00) ---------------------------------------------- Yesterday's $200 mln ATM order from Energis an encouraging sign that (a) NNC is growing in this area and (b) that progressive CAPs and telcos are still keen on ATM. NNC's valuation has drifted well below its peers. BUY(2) 1 yr tgt $50.00 (B. Mikula)

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