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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (12208)7/13/1999 2:58:00 PM
From: zbyslaw owczarczyk  Respond to of 18016
 
Newbridge Networks Responds to Market Activity in its Common Shares

KANATA, Ontario, July 13, 1999 € Newbridge Networks Corporation today
stated that it is unaware of any corporate developments or external
factors that would explain the recent unusual market activity in the
Company€s common shares.

Newbridge Networks designs, manufactures, markets and services wide area
networking solutions for Internet service providers; local,
long-distance, and wireless communications companies; cable television
carriers; and enterprise customers in more than 100 countries. The
Company leverages its relationship with more than 20 Newbridge Affiliate
companies and strategic alliances with numerous other networking
companies to deliver complete, end-to-end solutions. Newbridge customers
include the world€s 350 largest telecommunications service providers and
more than 10,000 corporations, government organizations and other
institutions. Founded in 1986, the Company employs more than 6,000
people on six continents. News and information are available at
www.newbridge.com.

- end -

Newbridge and logo are registered trademarks of Newbridge Networks
Corporation.



To: Ian@SI who wrote (12208)7/13/1999 2:59:00 PM
From: Peppe  Read Replies (3) | Respond to of 18016
 
NN is now bidding at 26. CNBC reported that NN has NO NEWS TO REPORT

They give the reason for the fall as the Robertson Stephens report that earnings will likely fall short of expectations this quarter.

Peppe