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

To: Tunica Albuginea who wrote (15198)	11/30/1999 1:43:00 AM
From: Claude Robitaille	Read Replies (5) \| Respond to of 18016

(Applies to: ATSN CES NN ONE MBG) FEATURED ARTICLES FROM S&P PERSONAL WEALTH NEW YORK, Aug. 25 /PRNewswire/ -- Read the following articles exclusively at S&P Personal Wealth (http://www.personalwealth.com). Standard & Poor's is a division of the McGraw-Hill Companies: "S&P Index Changes -- Who's In, Who's Out" personalwealth.com Standard & Poor's announced changes in the S&P MidCap 400 and SmallCap 600 Indexes. Artesyn Technologies (Nasdaq: ATSN) will replace Commonwealth Energy System (NYSE: CES) in the S&P SmallCap 600 Index after the close of trading on Wednesday, August 25. Commonwealth Energy and BEC Energy are merging into a new holding company to be called NSTAR (NST). The transaction is still subject to SEC approval. For more changes, check out this morning's Word on the Street. "S&P Reiterates Avoid on Newbridge Networks Shares" personalwealth.com Standard & Poor's reiterated its 2 STARS (avoid) recommendation on shares of Newbridge Networks (NYSE: NN) despite the company reporting better than expected fiscal 2000 (Apr.) earnings per share of US$0.18, before non-recurring gains and charges. S&P analyst Mark Cavallone says the results were aided by a stronger Canadian dollar, orders that slipped from the fourth quarter, and management's conservative guidance after the prior quarter's preannouncement. Word on the Street brings you comments every trading day from Wall Street's top equity analysts on stocks or industries that are moving significantly. "Bank One Warns of 1999 Earnings Shortfall" personalwealth.com Bank One (NYSE: ONE) sees 1999 operating earnings per share of $3.60-$3.65, down 7%-8% from current estimates. The company cited a change in growth and margin prospects for First USA, its credit card unit. PaineWebber and Merrill both downgraded the shares. Other stocks featured in this morning's MarketMovers include Mandalay Resort Group, Northrop Grumman, Analog Devices, Semtech Corp., Texas Instruments, Fluor Corp., and Walt Disney Co. S&P Personal Wealth (http://www.personalwealth.com) is the award winning service created specifically for individual investors by Standard & Poor's. Investment management features include personalized portfolio recommendations; buy, sell, and hold alerts; free real-time quotes, live market commentary; and in-depth analysis and research on companies and funds from hundreds of Standard and Poor's analysts worldwide. S&P Personal Wealth, recently described as "...easily the best one-stop shopping site for investors.." by Money.com, can also be reached through leading on-line service partners such as AOL, Netscape, Lycos, Quicken / Excite, ABCNEWS.com, Hearst HomeArts, and Mindspring. SOURCE Standard & Poor's -0- 08/25/99 /CONTACT: Mike Fink of Standard & Poor's, A Division of The McGraw-Hill Companies, 212-438-4792/ /Web site: personalwealth.com (ATSN CES NN ONE) CO: Standard & Poor's ST: New York IN: FIN PUB SU: