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

To: Tech97 who wrote (13706)	10/18/1999 12:00:00 PM
From: gbh	Respond to of 18016

Amazing that not a single of the backing analysts have reiterated their buys over the last few days. Especially today. The quarter is just about over, NN must have a good idea of the outcome. With the stock basically in freefall, these guys must be calling Lutz daily. Tough to assume anything good at this point. Gary

To: Tech97 who wrote (13706)	10/18/1999 12:03:00 PM
From: Serge Collins	Read Replies (1) \| Respond to of 18016

Did anyone read the fine expose on Insider Trading in today's Globe and Mail? It was a detailed account of various takeovers that have occurred over the last year or so and how shares in the target company shot up before the announced buyout. A number of high profile takeovers were mentioned. That article brought back memories of Newbridge's takeover of Stanford this summer. At the time, I suspected that insiders of either Newbridge or Stanford, and possibly both, had used material information about the impending takeover to their advantage. I decided to examine trading in the stock of Stanford a little closer, and it clearly reveals that something was stirring well before the official announcement. If you look at the period where talks were going on, and the dates where the due diligence started (mid-March), and look at how the stock traded just before this date and how it traded after the DD started, it's obvious that something was going on. In early March, the stock of Stanford was in decline, then suddenly it reversed course on heavier than normal volume. This reversal coincides with the beginning of due diligence on the part of Newbridge. Just before the start of due diligence, Stanford was trading at about $12.50 per share and the stock was falling. As due diligence got under way, the stock suddenly shot up on above average volume. When the deal was finally announced on June 22, Stanford's stock was above $25 per share, a stunning appreciation of about 100%. There is nothing fundamental that could account for this sharp rise in Stanford's share price. The conclusion is that someone, somewhere, used their knowledge of the impending deal to profit from insider trading. The question is -- who?

To: Tech97 who wrote (13706)	10/18/1999 12:22:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

SBC and NN have a $300 million contract: newbridge.com Newbridge Networks Signs Multi-Million Dollar Agreement with SBC KANATA, Ontario, August 26, 1998 -- Newbridge Networks today announced an agreement with SBC Operations Inc. to provide MainStreetXpress 36170 Multiservices Switches. Newbridge also will provide SBC with a MainStreetXpress 46020 Network Manager and MainStreetXpress 48020 MultiNetwork Service Controller. The three-year agreement is valued at over $300 million. "SBC's commitment to their customers' evolving needs has made them one of the world's most respected and successful carriers," said Terence Matthews, Chairman and Chief Executive Officer, Newbridge Networks Corporation. "Newbridge is proud to provide the network infrastructure that will enable SBC to support its customers into the next century." The MainStreetXpress 36170 Switch's broad range of interfaces and service offerings ? including advanced private line, LAN internetworking, and broadband wireless ? enables companies to take advantage of the cost and performance benefits provided by the multiservices, multi-access platform. The MainStreetXpress 36170 Multiservices Switch offers interfaces ranging from sub-T1 speeds to OC12, growing to OC48, and features such as ATM Forum-compliant Inverse Multiplexing over ATM (IMA) and switched virtual circuits (SVCs). It scales from 800 Mbit/s to more than 50 Gbit/s in a fully redundant mode, and supports more than 30,000 T1, frame-relay or circuit-emulation ports per system. The Newbridge MainStreet time division multiplexing and MainStreetXpress asynchronous transfer mode (ATM), frame relay products also allow for the ability to seamlessly integrate network solutions. The MainStreetXpress 46020 Network Manager and the MainStreetXpress 48020 MultiNetwork Service Controller are highly scalable, reliable management systems that provide end-to-end network and management solutions The MainStreetXpress 46020 Network Manager is used to configure the network, manage links and paths, monitor operations and establish end-to-end connections through the network by simply clicking on end-points. The MainStreetXpress 48020 MNSC can be used by individual service providers to consolidate the management of multiple networks into a common administration, or by multiple service providers to manage services which span multiple network or service provider boundaries. Newbridge Networks (NYSE: NN; TSE:NNC) designs, manufactures, markets and services networking solutions to organizations in more than 100 countries. The Company leverages its relationship with 16 Newbridge affiliate companies and strategic alliances with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 250 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the company employs 6,000 people on five continents. News and information are available at www.newbridge.com. Newbridge, logo are registered trademarks of Newbridge Networks Corporation. MainStreetXpress is a trademark used by the Siemens and Newbridge alliance for comprehensive solutions in broadband communication. No agency relationship, partnership, or joint ownership of a legal entity is to be inferred or implied by the use of the term alliance. For more information, contact Corporate Communications. ¸ 1999 Newbridge Networks Corporation. Conference call in progress: vendors will be announced in next couple weeks.