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

To: pat mudge who wrote (13830)	10/22/1999 11:18:00 AM
From: Robert Lumb	Respond to of 18016

Pat: I can't believe it either. Is the sky falling too!! Rob

To: pat mudge who wrote (13830)	10/22/1999 11:39:00 AM
From: Sultan	Read Replies (1) \| Respond to of 18016

Strange upgrade... I assume the price referred here is in USD. Friday October 22, 10:59 am Eastern Time RESEARCH ALERT-Newbridge upgraded TORONTO, Oct 22 (Reuters) - CT Securities in Toronto said on Friday it upgraded shares in networking firm Newbridge Networks Corp. to a trading buy from a hold based on current price weakness. The brokerage said it is maintaining its current price target of $25. ``Our fundamental outlook on Newbridge is unchanged -- as in our view the probablity, versus the suitability, of their being acquired,' CT Securities said. Newbridge shares closed on Thursday at C$29.60 on the Toronto Stock Exchange and 19-15/16 in New York. ($1=$1.48 Canadian)