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Technology Stocks : Newbridge Networks

NN 12.60

-0.4%

3:59 PM EST

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To: pat mudge who wrote (7679)	11/24/1998 6:21:00 PM
From: Glenn McDougall	Read Replies (1) of 18016

Tidbits from the Newbridge CC. Pat always has the best notes so this is the short snappers. China Post win will be released prior to market opening tomorrow. Global One contract should be decided by December 3rd, Alan's wifes birthday. Regenerated relationship with Siemens AG. Newbridge stronger against Cisco and Ascend with Siemens than without. More products added to the marketing of the alliance. Book to bill >1 Inventory reduction to 4.3 turns per year. Linearity Q-Q not fully under control as of yet Leadership team improving, groundswell in employee morale ranks with changes. More to come. Cash may be used for potential purchases to round out companies portfolio of products. SS7? R&D should remain at this level for the remainder of the year. Regards Glenn

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