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Technology Stocks : Newbridge Networks

NN 12.64

+3.2%

Nov 14 3:59 PM EST

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To: Mr.Fun who wrote (9141)	1/23/1999 8:13:00 PM
From: zbyslaw owczarczyk	Read Replies (1) of 18016

Mr.Fun, from BT home page: "This investment is over and above the £800 million expenditure BT announced last May, which is being used to extend significantly the reach of BT's core Synchronous Digital Hierarchy (SDH) optical fibre transmission network and exploit Dense Wave Division Multiplexing (DWDM) technology. It forms part of BT's annual investment of approximately £2 billion on network improvements and overall expansion." As you know NN has won contract, which according to press in UK was worth 300 mil in UK currency, in UK.It was in fall 1997! Last may(1998) was an article about Siemens-NN allience receiving another contract which was not publicized and was most likely part of expenditure announced last may. I think most peaople do not realized how strong is NN position in BT not mentioned C&W (1998 spirng announcment which called for overall 220 mil UK and fall contract-huge portion of 1bil$ push to Europe) Zbyslaw

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