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

To: Claude Robitaille who wrote (17968)	5/2/2000 4:43:00 PM
From: Tony A. Matthews	Read Replies (1) \| Respond to of 18016

Let's hope Alcatel can do the same.

To: Claude Robitaille who wrote (17968)	5/2/2000 5:31:00 PM
From: zbyslaw owczarczyk	Read Replies (2) \| Respond to of 18016

Book to bill was above 1.1 Newbridge Networks Announces Preliminary Estimates of Financial Results for Fourth Quarter of Fiscal 2000 KANATA, Ontario--(BUSINESS WIRE)--May 2, 2000--Newbridge Networks (NYSE:NN - news; TSE:NNC. - news) today announced preliminary estimates of financial results for the fourth quarter of fiscal 2000, which ended April 30. The Company had strong growth in customer demand for its products, achieving record levels of order intake and a book-to-bill ratio in excess of 1.1. Based on current information, revenue for the fourth quarter is expected to be over $600 million -- a record for the Company. Earnings per share for the quarter, excluding the effect of items related to acquisitions, non-recurring items and expenses associated with the proposed merger with Alcatel, are expected to be U.S. 20 cents to 25 cents (Cdn 29 cents to 36 cents). About Newbridge Networks Newbridge Networks designs, manufactures, markets and services wide area networking solutions for service providers in more than 100 countries. On February 23, 2000, Newbridge entered into a definitive agreement to be acquired by Alcatel, a world leader in end-to-end voice and data communications solutions systems. Alcatel's leadership in broadband access combined with the Newbridge leadership in ATM/MPLS/IP switched routing will make it one of the top players in the next generation networking market with complete, end-to-end communication solutions. Current Newbridge customers include the world's 350 largest telecommunications service providers. The Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com Newbridge and logo are registered trademarks of Newbridge Networks Corporation. This announcement may include certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The Company cautions that, among other things, in view of the rapid technological changes in the networking industry, if technologies or standards supported by the Company's products or common carrier service offerings based on the Company's products become obsolete or fail to gain widespread commercial acceptance, the Company's business may be adversely affected. Additional information identifying risks and uncertainties is contained in the Company's most recent Form 10-Q quarterly report and Form 10-K annual report filed with the SEC. Contact: Newbridge Networks Corporation Nancy Moloney, 613/599-3600 x3192 E-mail: nmoloney@newbridge.com Website: www.newbridge.com or Newbridge Networks Corporation Ken Wigglesworth, 613/599-3600 x1181 E-mail: kwiggles@newbridge.com