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

To: pat mudge who wrote (12868)8/19/1999 7:07:00 PM
From: larry pollock  Read Replies (1) | Respond to of 18016
 
The Reuters and Bloomberg news statements did not state other bidders. The Bloomberg statement (check the Bloomberg website) reported that the Nortel contract is US$400million, and represents the initial stage of a total of US$1billion to be spent by Cable and Wireless. How many other big players are out there-Lucent, Tellabs, Cisco, Alcatel, Ericsson, and I will not forget about Newbridge. Maybe Newbridge will announce a piece of the action when quarterly results are released next week. In any event, its a huge win for Nortel, at someone's expense.



To: pat mudge who wrote (12868)8/19/1999 9:30:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 18016
 
Pat,

A couple hints re the Nortel C&W win.

Check out who has a major position in it. (Check if that same entity also owns 41% of Nortel.)

Check who's on the board of Cable and Wireless. (Don't forget that BCE had a CEO with the name of Kearney).

Of course the best vendor won the deal. Right?

Ian.


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