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

To: Doug who wrote (14963)	11/22/1999 9:50:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

Doug, according to NN's CFO NN will save 50 millions by contracting out service operations (160 peoples will be transfer in additon to 720 reduction), 100 millions ( 720 people) and unspecified out sourcing volume manufacturing ( easily another 400 factory workers will be transfer to new company, plus lots of expensive equipment. If fact they will only change the name on the building). will easily save another 100 millions. biz.yahoo.com All figures are on annual basis in cnd $ So 250 millions cnd is equal to about 0.62 US in eps. 4 millions is savings ( 4 x 0.7 = 2.8 net/185 shares / 1.47) = 0.01 US eps Even if only big part of this will go to the bottom line NN will get big bust to eps very soon. Zbyslaw