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

To: Ian@SI who wrote (12962)	8/24/1999 10:30:00 PM
From: pat mudge	Read Replies (3) \| Respond to of 18016

Ian -- I'm not counting on IronBridge being brought into the fold, but I'd not be surprised to see NorthChurch, Bridgewater or TimeStep. Welcome other comments. Pat

To: Ian@SI who wrote (12962)	8/25/1999 8:05:00 AM
From: Tunica Albuginea	Respond to of 18016

Ian, from Tech Web today, ATM Sales Give Newbridge Modest 1Q Gain (08/25/99, 6:42 a.m. ET) By Brian Riggs, InformationWeek Newbridge Networks posted modest gains for the first quarter of its fiscal year 2000, reporting revenue of $495 million (Canadian), up from C$426 million posted in the first quarter of last year. Sales of Newbridge's asynchronous transfer mode-based networking equipment grew by 60 percent in the past year to nearly C$500 million, according to the company. Roughly 20 percent of equipment sales went to business users, the rest to service providers. Newbridge's management hasn't made any significantcorporate or product announcements after unspecified operational issues prevented it from fulfilling orders in the last quarter. "We needed to reestablish our credibility," said Newbridge president Alan Lutz. He added that the operational issues had been addressed and that the company was ready to move on. Newbridge says it expects to push into IP networking and reveal details of its strategy within a month. The company is rumored to be considering acquiring Ironbridge Networks and Northchurch Communications, developers of IP-based switches for carriers' networks. TA