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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: Moneysmith who wrote (9536)	2/11/1999 10:06:00 PM
From: pat mudge	Read Replies (1) of 18016

. However, they also said a loss of the LMCS contract with WIC Connexus would be a blow to Newbridge's stock in the short term, since it follows Newbridge's earnings warning late last week. If memory serves correctly, NN was being asked to finance the contract so I really don't see how losing it can hurt the stock. It sounds as though the veracity of the company awarding the contract is in question, not the one receiving it. When questioned on what numbers to use in modeling LMDS revenues, Alan has repeatedly told analysts not to factor anything in until there was more clarity on deployment. And with good reason. Pat

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