SAN FRANCISCO, Jan. 8 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a
member of the National Association of Securities Dealers, CRD number 41271:
BancBoston Robertson Stephens senior communications equipment analyst Paul Silverstein today reiterated a Buy rating on
Newbridge Networks (NYSE: NN - news). Newbridge Networks, based in Kanata, Canada, develops, manufactures,
markets, sells and supports a broad family of high-speed digital wide-area networking (WAN) communications devices.
''Newbridge is poised to have a very strong third quarter of fiscal 1999,'' said Silverstein. ''Revenues from Newbridge's
WAN packet products are on track to grow approximately 15 percent in the quarter. If not for inventory and capacity
constraints, this growth rate could be even higher.''
''Newbridge is a very different -- stronger, more focused -- company today than it was prior to arrival of Alan Lutz,
President and COO. The company's on-going turnaround has positioned it to capitalize on the ongoing worldwide build-out
by communication service providers of a new packet-based infrastructure,'' said Silverstein.
BancBoston Robertson Stephens is a leading international investment banking firm focused on emerging growth companies.
The firm's 55 senior research analysts cover over 575 companies. Additional information is available upon request.
The information contained herein is not a complete analysis of every material fact respecting any company, industry or
security. Although opinions and estimates expressed herein reflect the current judgment of BancBoston Robertson
Stephens, the information upon which such opinions and estimates are based is not necessarily updated on a regular basis;
when it is, the date of the change in estimate will be noted. In addition, opinions and estimates are subject to change without
notice. This Report contains forward-looking statements, which involve risks and uncertainties. Actual results may differ
significantly from the results described in the forward-looking statements. Factors that might cause such a difference include,
but are not limited to, those discussed in ''Investment Risks.'' BancBoston Robertson Stephens from time to time performs
corporate finance or other services for some companies described herein and may occasionally possess material, nonpublic
information regarding such companies. This information is not used in the preparation of the opinions and estimates herein.
While the information contained in this Report and the opinions contained herein are based on sources believed to be
reliable, BancBoston Robertson Stephens has not independently verified the facts, assumptions and estimates contained in
this Report. Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be
placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in this Report.
BancBoston Robertson Stephens, its managing directors, its affiliates, and/or its employees may have an interest in the
securities of the issue(s) described and may make purchases or sales while this report is in circulation. BancBoston
Robertson Stephens International Ltd. is regulated by the Securities and Futures Authority in the United Kingdom. This
publication is not meant for private customers. The securities discussed herein are not FDIC insured, are not deposits or
other obligations or guarantees of BankBoston N.A., and are subject to investment risk, including possible loss of any
principal amount invested.
NOTE: Clients interested in receiving more information should contact their salesperson at 415-781-9700.
SOURCE: BancBoston Robertson Stephens
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Newbridge Networks Corp (NYSE:NN - news)
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