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

To: Bob Howarth who wrote (16555)	1/22/2000 3:25:00 PM
From: zbyslaw owczarczyk	Read Replies (2) \| Respond to of 18016

Bob I have to ask NN about this. Sometimes press is not accurate.If they got financing it is not clear if this is from NN directly or from someone like GE Capitol who is backing up for example MaxLink(800 million Cnd revenue to NN)LMDS project. If I understand correctly, financing does not mean they got 200 million US from NN. Simply they will pay off over the time plus %, to NN or to Bank who is backing up project.In most cases vendor like NN has to have enought cash to qualify. LU for example, have only 1.5 bilion in cash and about 20% of they revenue this year will come by financing (20% of 30+ billion). Everybody is doing this NT,CSCO,LU etc. BTW,fact that New Edge got additional 60 million from other sources indicates that they project is moving very fast. Zbyslaw