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


To: Chris Stovin who wrote (14497)11/12/1999 7:59:00 PM
From: zbyslaw owczarczyk  Respond to of 18016
 
Newbridge spokesman John Lawlor told Reuters that the company, based near Ottawa, had chatted with Ericsson periodically
over the past year about business opportunities, but not about a buyout.

'We're not in talks with Ericsson about a possible takeover,' Lawlor said.

Nor is Newbridge in takeover talks with French telecoms equipment maker Alcatel Alsthom , another name mentioned
recently, although they have been exploring original equipment making alliances, Lawlor added. 'We are not in talks with any
party regarding a possible takeover of Newbridge,' he said.


Since John Lawlor stated that they are talking with ALA, it can means OEM or other relations which would benefit NN.

Zbyslaw