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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST

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To: MD Bryant who wrote (9353)2/4/1999 11:17:00 PM
From: julian hatfield  Read Replies (1) of 18016
 
Reality Check in order! Avoiding the truth is not the way
to go ... you NN-aholics all know where the 45% sequential
growth in ATM comes from - the 36170 upgrade that was late
finally went out to the field at the beginning of last
quarter. So, a strong but unsustainable upgrade cycle is
what mgmt has got you folks holding on to as the silver
lining in this mess. Bottom line: this company is losing out
to its competitors as it stubbornly clings to an elegant,
but expensive and over-engineered technology (ATM) hoping
(increasingly in vain) that customers will come around.
The only way this stuff moves is if its vendor-financed or
given away at huge discounts .. They should admit that before
it's too late. Personally, I think its a matter of time
before we start seeing layoffs in Kanata. Too bad, but the
sun is slowly setting on this former high-flyer.

j.
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