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


To: Glenn McDougall who wrote (12712)8/14/1999 1:59:00 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 18016
 
Glenn you are correct. About 1997 I think it was that NN got the MCI contract and had a big push from ~ 36 to ~47 post split.
I guess then things changed. World Com came on and somehow a quantum leap was made from ( mostly )hardware switches to (mostly )software switches CSCO & LU, Stratacom & Ascend. Small switches but then the networks were small. Those were also the days of Chambers' hard sell ( buy now pay later; try it for free ). I suppose in his expansive mood Benny and the Jets, Elton John, I mean Bennie Ebbers fell for it and ?ditched NN & TM.. Somewhere along the line he must have ditched also CSCO because now he wants to go 100% LU.(I mean until yesterday, GG, because I suspect that right now there is a lot of hand-wringing and teeth gnashing in the MCIWCOM Inferno and who knows in what contracting mood Bennie will be tomorrow, [or should I say contrite] mood ).
Anyway, we now have the Baby Bells which are holding for dear life to every last piece of copper wire they got; are watching mamma Bell and pa Benny duke it out and don't know who to side with; they are watching intently and (hopefully) will learn something.
So there it is in a nutshell Doug the story of NN and a switch called ATM.
And tomorrow..you'll hear.......the...REEEST.. of the story,

good night,

TA

PS: If I have made any misrepresentations ( very possible, GG ) please correct me.

you said

TA if memory serves me well prior to the Wordcom takeout of MCI Newbridge was a large supplier to MCI. I wonder how may of the top executives if MCI are left from the old
days (they had a great relationship with Terry). Needless to say I am sure the Terry, Alan and the marketing group doing whatever they can to help MCI Worldcom in their
time of need. Nothing like a 36170-50 gig switch during these tough times.:-) Was that 99.999% hmmmmmmmm

Regards
Glenn