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

To: pat mudge who wrote (12864)	8/19/1999 12:06:00 PM
From: djane	Read Replies (1) \| Respond to of 18016

Pat, at The Money Show investment conference last week in Seattle, Kevin Landis and Michael Murphy both mentioned that they thought NN and COMS would be bought out soon by the big European carriers (no specific names). Murphy is a bit of a crank, but I've always been impressed by Landis (FirstHand Funds). Landis owns NN (not COMS) in one of his funds. Murphy also said CIEN would be bought out but didn't mention any potential suitors. I don't follow it anymore. FYI. On the NTRO thread, I put one of your early 5/99 posts about a 2/99 Broadband Wireless World conference. Keep in touch, djane

To: pat mudge who wrote (12864)	8/19/1999 1:17:00 PM
From: larry pollock	Read Replies (1) \| Respond to of 18016

Thursday August 19, 9:10 am Eastern Time Nortel Networks picked as Cable & Wireless supplier TORONTO, Aug 19 (Reuters) - Nortel Networks Corp. (Toronto:NT.TO - news) said on Thursday it had been chosen as the exclusive systems integrator and prime contractor for a billion-dollar global network expansion by Cable & Wireless Plc. (quote from Yahoo! UK & Ireland: CW.L) Nortel, a communications equipment maker based in Brampton, Ontario, said the deal with Britain's Cable & Wireless is worth $400 million. Telecommunications concern Cable & Wireless plans to begin expanding in Europe by providing high-speed communications services to more than 40 cities in 13 nations. Nortel, which makes equipment to push data, voice and video over the same line, will deliver and manage an Internet network. The global telecommunications industry has undergone rapid change since the arrival of the World Wide Web, with companies fighting to increase service to meet burgeoning demand. Canada's Nortel is undergoing a three-year reorganization and aiming for a major slice of the surging Internet market. ($1=$1.49 Canadian)