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

To: larry pollock who wrote (13110)	8/30/1999 5:53:00 PM
From: fumble	Read Replies (1) \| Respond to of 18016

<<Analysts agree that Newbridge got good bargains with its purchases.>> This has been the key to most of NN's purchases over the last few years. I hope that they keep on this parsimonious path. In contrast, Cisco has paid big bucks for its acquisitions, although it has been 'other people's money' due to high stock price. Sigh.. Imagine - a company started by a venture capitalist - going for >$6B in a private sale to Cisco...

To: larry pollock who wrote (13110)	8/30/1999 6:03:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

To earn market approval, analysts say, a more dramatic scheme is needed with a purchase outside the Newbridge affiliate family of firms. A company with hot technology or customer wins could be the answer. Isn't Time Step the company with large number of awards and the hot product sold to Ameritech and Bell Atlantic!!! The Northchurch platform provides industry-leading circuit aggregation capacity, offering over 4000 T1s in a seven-foot rack. It is the only edge solution capable of wire-speed traffic management and processing at OC-48 line rates. Integration of this platform into the powerful Newbridge management suite will afford service providers a highly flexible solution supporting industry-leading QoS, traffic shaping, VPNs and accounting combined with simplified policy management, traffic monitoring, profiling and planning functionality. Recent acquisitions of firms developing similar technology to Northchurch include the April sale of Shasta Networks Inc. to Nortel Networks Corp. (Toronto:NT.TO - news) for up to $340 million. And Ford Escort is similar to Porsche. Both have 4 weels. Looks like some analyst would like NN to borrow 2 billions in Bank and buy company which has huge hype b/c went public and on the surface has hot technology. Both Nt and LU are making lots of noise, but final judgement day did not arrived yet. So do for NN. I have not seen any serious revenue from NT or LU based on the recent aqusitions in IP space,except Bay Networks. Zbyslaw

To: larry pollock who wrote (13110)	8/30/1999 10:03:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

``I am not overwhelmed by what they have announced to date. I am underwhelmed,' said Andy Schopick, analyst at Nutmeg Securities Ltd. in Connecticut. ``If anything, this is a disappointment that this is as far as they were prepared to go at this time. One gets the impression that Newbridge is no longer leading the market, but following the market.' Now, Mr. Schopick, for those lacking such eloquence, could you add a little color to your comments? Perhaps be more specific regarding what exactly underwhelms you? Price? Positioning of products within their sectors? Quality of solutions versus the competition? Perhaps the ability to differentiate IP services doesn't impress you. Or Internet security doesn't seem important. Tell us, too, how exactly you decided NN is no longer leading the market. Do you have numbers to support such a statement? Could you state who's ahead of Northchurch and TimeStep in their particular markets? No generalities, please, just the facts. Speak up, Mr. Schopick, you've got the microphone, so wow us with your knowledge. ``There's a whole wave of networking and products where Newbridge is now playing catch up. . . . Newbridge is struggling and they have, in certain respects, lost competitive positioning. They've become less of a growth story in what is, in a general sense, still a market ripe with opportunity. Such precision of thought! Such clarity! Such originality! Now, setting aside cliches for a moment, could you explain what products NN doesn't have? And what it is about having 26% of a market with 60% growth that doesn't impress you? What was that? You'll get back with us? You need a little time to prepare? Very well, we'll wait . . . . * * * Okay, enough harassing uninformed analysts. I don't know if it's worse to be the journalist who quotes such ignorant babble or the person saying it. The truth is NN bought an edge access solution that allows carriers to sell personalized services, and thus make money, and an Internet security solution that enables them to set up secure IP-VPNs. They're not pretending to be the Holy Grail, but essential pieces to a complete solution. When the Juniper-dwarfing 50/320 comes out, NN will finally get the attention it deserves. It can't happen a minute too soon. Pat