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

To: Ian@SI who wrote (13325)	9/15/1999 12:04:00 PM
From: pat mudge	Respond to of 18016

I don't know when NN's presenting. As for $10 pt. move, I'm still waiting. I'm beginning to think they're saving all the good stuff for the AGM. Pat

To: Ian@SI who wrote (13325)	9/15/1999 3:16:00 PM
From: pat mudge	Read Replies (2) \| Respond to of 18016

FT - DT splitting the sheets: Wednesday September 15 2:33 PM ET France Telecom Says To Sell Deutsche Telekom Stake PARIS (Reuters) - France Telecom (NYSE:FTE - news) said Wednesday it would sell its 2 percent stake in Deutsche Telekom next year, an announcement which underlined the companies' failure to build closer ties. ``Our stake in Deutsche Telekom was supposed to symbolize the development we expected to make jointly and the synergies we expected to achieve. As there have been neither one nor the other, there is no need to keep our stake. We expect to sell it during 2000,' France Telecom Chief Executive Michel Bon said. Bon also said he expected to see changes in the shareholder structure of Global One -- France Telecom's ill-fated joint venture with DT and U.S. company Sprint -- by 2001. He told a news conference the three companies were 'actively discussing' ways of solving their differences. There had been no breakthrough yet but he expected one ``well before 2001.' He stressed Global One's performance had not been affected by a row between France Telecom and its erstwhile partner Deutsche Telekom. ``But,' he said, ``it is true that when you are trying to obtain new customers disputes between shareholders are not very helpful.' Bon said the sale of its stake in Deutsche Telekom would generate substantial capital gains.