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

To: zbyslaw owczarczyk who wrote (16720)	1/28/2000 9:12:00 AM
From: Bob Howarth	Read Replies (1) \| Respond to of 18016

Z. LU suckered me big. Took a week of ferocious trading to get that loss back. Thanks to NN! Great month for me even with LU disaster. I sold my NN because I think the odds are against the short term takeover occurring, plus the LU wound is still very fresh. I would not be surprised if it occurs short term, but I don't like the odds. Good luck to longs.

To: zbyslaw owczarczyk who wrote (16720)	1/28/2000 1:00:00 PM
From: zbyslaw owczarczyk	Respond to of 18016

GLOBAL ONE WELCOMES RESOLUTION OF OWNERSHIP WITH FRANCE TELECOM Newbridge also must be happy when two very large customers are joining forces BRUSSELS, January 28, 2000 Global One today welcomed the clarification of its ownership issue and the announcement that France Telecom has become its sole owner. Daniel Caclin, the newly-appointed CEO of Global One, said today: I look forward to heading an operation that has distinguished itself over four years as a global telecommunications leader. Creating new synergies with France Telecom, Global One will enhance its comprehensive enterprise network solutions which offer maximum geographic reach, seamlessness and connectivity on a truly global scale to the benefit of its customers. With its primary focus on multinational customers and their suppliers, a global network infrastructure to support global and converged services, and operating licenses around the globe, Global One constitutes a most valuable operation for France Telecom. Global One will now look together with France Telecom into how this value can be further increased through the creation of new synergies and strengthened cooperation. As Global One has a global backbone network of its own, the departure of Sprint and Deutsche Telekom only concerns our existing and future business in the United States and Germany. We would like to emphasize that based on a transition agreement signed by all parties, Sprint and Deutsche Telekom will continue to support existing Global One customers under current conditions for up to two years. Customers can be absolutely certain that all existing agreements with Global One will be fully supported under the terms and conditions of their original contract. Global One will quickly set up a strong operational and sales presence in the U.S. and Germany in line with France Telecom s plans for the U.S. and German market. Global One revenues in 1999 amounted to approximately 1.1billion US$. This figure, level with last year, reflects some controlled changes in our revenue mix during 1999 and is also the result of clear moves towards achieving a cost-efficient network. About Global One Global One offers a single source for the provision of seamless voice, data and IP services for businesses, carriers and consumers around the world. Global One focuses on multinational customers and operates a global network infrastructure which has over 1,400 network access centers in more than 65 countries. Global One offers the world s most far-reaching ATM-based network and in 1999 had revenues of approximately US$ 1.1 billion. Contact: Dagmar Merz Senior Director Corporate Communications Global One Tel: +32 2 545 2654 Fax: +32 2 545 2655 Email: Dagmar.Merz@globalone.net Visit our Web site at: globalone.net (bh) PN