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

To: Rhys Roberts who wrote (14604)	11/15/1999 8:16:00 PM
From: zbyslaw owczarczyk	Read Replies (2) \| Respond to of 18016

Live on November 18th: Financial Results for Second Quarter Fiscal 2000 Conference Call Visit the Newbridge Web site on Thursday, November 18th at 5:30 p.m. Eastern Standard Time (EST) for the RealAudio broadcast of financial results for second quarter fiscal 2000. newbridge.com Please note that this RealAudio Web cast will be listen-only. What you will need to listen to the announcement and view the presentation: The RealNetworks RealPlayer To listen to the audio broadcast of the call, please visit the RealNetworks Web site and download your free copy of RealPlayer. The Adobe Acrobat Reader To view the presentation, please visit the Adobe Web site to download your free copy of the Acrobat Reader.

To: Rhys Roberts who wrote (14604)	11/15/1999 8:59:00 PM
From: Doug	Respond to of 18016

Rhys: Thanks for the link. I had read that earlier. The Ottawa paper and the Financial Post have been pro NN for a long time.NN has taken full advantage of that to keep itself in the news. You may recall some time ago T.M claimed thru the Citizen that NN had a new algorithim for switching that was truly revolutionary and awaiting patent action. That was the last I heard of that invention. On the other hand NN's great critic Rob Mcellan says its "Game over" this time. The answer may be half way. A reduction of the P/E for good which means ; no one cares about NN and its earnings. If that happens the stock will languish for upto 2 years after which it may be allowed out of the penalty Box. I have seen that happen. The big question is whether NN's Board is in touch with the sentiment on the street and will be proactive in presenting that sentiment to the CEO. I do not think they will if they have a vested interest in NN's start ups. If the Board is smart, they should make some positive announcements before going into the meeting. No details but only the Outlines.

To: Rhys Roberts who wrote (14604)	11/15/1999 9:54:00 PM
From: Tunica Albuginea	Respond to of 18016

Newbridge stock slides on takeover skepticism biz.yahoo.com Monday November 15, 7:10 pm Eastern Time Newbridge stock slides on takeover skepticism By Susan Taylor OTTAWA, Nov 15 (Reuters) - Shares in telecoms network equipment maker Newbridge Networks Corp. (Toronto:NNC.TO - news)(NYSE:NN - news) retreated on Monday from recent gains made on takeover speculation as uncertainty mounted over the firm's willingness to be sold. Shares in the Ottawa-area firm dropped C$1.90 on the Toronto Stock Exchange to end the session at C$29.50, a decline of 6 percent. In New York, they ended down 1-1/8 at 20-1/8. Newbridge stock had been clawing back from a close of C$21.15 on November 3, a day after after the company issued its sixth earnings warning in 10 quarters and announced the resignation of its president. Takeover speculation in Canada's national newspapers was behind much of the recent rise. Firms including French telecommunications equipment group Alcatel Alsthom and Swedish telecoms group Ericsson have been reported to be preparing bids for Newbridge. ``It is all based upon whether people think there's likely to be an acquisition or not,' said Paul Sagawa, analyst at Sanford Bernstein & Co. in New York. Market rumors that pointed to Alcatel and Ericsson as buyers lost steam on Friday, when Newbridge spokesman John Lawlor was reported as saying the company is not in takeover discussions with either of those firms. ``There was speculation of a takeover on Thursday and Friday. That hasn't come to fruition and so anyone that traded the stock on the basis of takeovers has not seen that announced. So they're probably thinking about trading out of it,' said Michael Weinstein, data networking analyst at Credit Suisse First Boston in San Francisco. ``Most people are going to view this company as being in the mode of a potential takeover target and as a result, from time to time you're going to get spikes up in the stock price based on speculation.' Analysts said Newbridge makes an attractive takeover candidate, however questions remain about the willingness of founder and Chief Executive Terry Matthews to sell his company. ``Stocks like this, they run up on takeover speculation. It's had a very good run since November 3 -- a remarkable run,' said Rob MacLellan, analyst at CT Securities in Toronto. ``The media's obviously been talking about it. What the professionals look for is, is there meat behind the rumors?' Despite the questions about Newbridge's position on a takeover, some analysts suggest the company has a small window of opportunity to remain an attractive candidate. ``If Newbridge is not acquired in the next six months, then I fundamentally seriously question their ability to go it alone,' MacLellan said. Newbridge management has suggested it believes it is losing market share to network gear firm Lucent Technologies Inc. (NYSE:LU - news) for its flagship asynchronous transfer mode technology, which sends multimedia data traveling on networks at high speeds. MacLellan said Newbridge may face a further sales slowdown until its new high-speed 50 gigabit switch is released. Testing may be delayed by one month to late December, which could defer sales late April, he added. ``Newbridge hasn't been able to get its next generation of its first home run out of the park,' MacLellan said. ``A month delay is not that big a deal -- it's not that unusual. But right now it means a month less revenue for a company that desperately needs it.' Analysts hope that Matthews will address the takeover issue in a November 18 conference call after the company announces its second-quarter results. The call follows two days of board meetings scheduled for Tuesday and Wednesday. ``If he's not going to sell the company, how is it then that they're going to be able to be competitive with Lucent, Nortel, Cisco? Each of which is bringing a considerably more complete solution to the marketplace,' Sagawa said. ($1=$1.46 Canadian)