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Technology Stocks : Newbridge Networks

NN 15.49

+6.7%

Dec 4 3:59 PM EST

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To: James Chan who wrote (6163)	8/25/1998 10:34:00 PM
From: Sinker	Read Replies (1) of 18016

Wonderful news..... Gurinder Parhar, analyst at brokerage HSBC James Capel, praised Newbridge's results. ''I'm happy that they met the numbers,'' he said. ''The stock's going to run (once markets reopen.)'' The deal with SBC, which will see full details revealed on Wednesday, proved to be a bonus, Parhar added. ''While it's not a billion dollars, it ensures future growth in the switching portfolio.''

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