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Technology Stocks : Newbridge Networks
NN 16.99+11.2%Jan 22 3:59 PM EST

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To: pat mudge who wrote (10147)3/8/1999 9:33:00 PM
From: Doug  Read Replies (1) of 18016
 
Pat: Info & Connection Networks quarterly sales for Siemens was 5.8b D.M against a total Sales of 28.8b D.M for the entire Company.

The total sales of NN dependent on Siemens was 20%. For a quarterly sales of $450m that amounts to $90m. If that sales came to 10% abruptly, it would seriously affect NN's stock price. The same cannot be said for Siemens.

An example of similar effects on the smaller player can be seen in CROSSKEYS share price this Q. Siemens shareholders were not affected in the least either by NN or Crosskeys misfortunes.
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