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Technology Stocks : Newbridge Networks

NN 13.98

+0.9%

Nov 26 3:59 PM EST

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To: zbyslaw owczarczyk who wrote (7064)	10/21/1998 10:09:00 AM
From: Glenn McDougall	Read Replies (1) of 18016

Zbyslaw, their is no question that NN has good technology. Moves that have been made in the last 6 months can only improve the prospects for the company. Todays news of DT using Siemens/NN equipment is the start of what I think will be the entire Global One (DT, France T and Sprint) ATM contracts. One can only guess if and when Terry Matthews will sell but indications are that he may. Now who would buy NN is another question. Siemens, LU, NT&T to mention a few. I agree that the "old boys network" at NN needs to be shook up however Scott Marshal was one of the better EVPs the company had. Alan is making changes and I would expect more to come and they are needed. In closing we can only hope that we get enough time to see the share price of NN increase enough to get what clearly is fair value for a company of this quality. Regards Glenn

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