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

To: Tunica Albuginea who wrote (16951)	2/10/2000 4:12:00 PM
From: zbyslaw owczarczyk	Respond to of 18016

PARIS, Feb 10 (Reuters) - French telecoms equipment group Alcatel would not comment on Thursday on market speculation it could be interested in buying Canada's Newbridge Networks Corp (Toronto:NNC.TO - news) (NYSE:NN - news). ''We have no comment at all to make on this speculation and rumour,'' an Alcatel spokesman said. He would not confirm or deny that Alcatel was talking to Ottawa-based Newbridge. Newbridge has been on takeover watch ever since announcing in November, as it posted weak second-quarter results, that it had hired an investment banker and was open to offers. Recent speculation suggests Alcatel leads the list of potential suitors, which is also rumoured to include Germany's Siemens AG and Sweden's LM Ericsson . North American firms named as possible buyers include network equipment suppliers Nortel Networks Corp (Toronto:NT.TO - news), Cisco Systems Inc (NasdaqNM:CSCO - news) and Tellabs Inc (Toronto:TLAB.TO - news).