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To: MikeM54321 who wrote (1779)5/15/2000 10:48:00 AM
From: Claude Robitaille  Respond to of 3891
 
QuebecTel Deploys Newbridge DSL Solution to Meet Provincewide Demand for
Multiple, Value-Added Voice and Data Services

RIMOUSKI, Quebec, May 15, 2000 (BUSINESS WIRE) --

Cost-Effective Solution Enables Delivery of Profitable, High Speed
Services and Applications to Businesses Provincewide

Newbridge Networks (NYSE:NN) (TSE:NNC.) today announced that QuebecTel, one of
the province's largest telecommunications carriers, is deploying the
Newbridge(R) Networks digital subscriber line (DSL) solution throughout the
province of Quebec.

The deployment will significantly extend QuebecTel's customer reach and enable
it to meet provincewide demand for multiple, value-added voice and data services
and applications.

Using this highly scalable, cost-effective solution, QuebecTel will deliver
profitable, high speed services to its small and medium-sized businesses and
residential customers, including Internet protocol virtual private networks
(IP-VPNs), voice over DSL (VoDSL) and high-speed Internet access.

"We were seeking a highly scalable, standards-based solution that would protect
our existing network investment, yet provide us with the flexibility to evolve
our network to meet both our customers' immediate and long term communications
requirements," said Rock Scully, division director, technology and network
development, QuebecTel.

"Newbridge Networks spent considerable time discussing and understanding our
stringent and unique requirements. Selecting Newbridge, the only vendor to offer
a complete, end-to-end, fully managed networking solution, was the logical
choice."

"QuebecTel is a long-standing Newbridge customer and a company that shares our
commitment to providing customers with superior quality service," said Kieron
Dowling, vice president of sales, Newbridge Networks. "We are delighted to be
providing the company with a solution that enables them to meet customer demand
for a myriad of next generation, converged voice and data services."

"Not only is Newbridge providing leading-edge technology, it is offering
unmatched network and service management capabilities -- a winning combination
that we believe will strongly position QuebecTel to sustain success in today's
highly competitive marketplace," he added.

The Newbridge 350 Integrated Versatile Services Node (IVSN) access platform is
the industry's first multiservice asynchronous transfer mode (ATM)-based
platform. It enables service providers such as QuebecTel to support both current
voice and data service offerings, as well as offer a rich selection of new, and
future Internet protocol (IP) services. The solution is being seamlessly
integrated into QuebecTel's existing core ATM network infrastructure, which will
result in considerable cost savings. QuebecTel's DSL network will be managed
end-to-end by the industry leading MainStreetXpress(TM) 46020 Network Manager.

About QuebecTel

QuebecTel Group, through its various subsidiaries, offers a complete range of
local, long-distance and mobile telephone services, as well as diversified
products and services in the information technologies sector, and content to
business enterprises and consumers throughout the province. With total
investments exceeding $900 million and a workforce of nearly 2,200 employees,
QuebecTel Group owns and operates a state-of-the-art infrastructure representing
the second largest telecommunications system in the province of Quebec.

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.

For more information, please contact Corporate Communications.

Newbridge and logo are registered trademarks of Newbridge Networks Corporation.

Distributed via COMTEX.

Copyright (C) 2000 Business Wire. All rights reserved.

-0-
CONTACT: Newbridge Networks Corporation
Sarah Miller, 613/599-3600 ext. 4563
E-mail: smiller@newbridge.com
Website: www.newbridge.com

KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: TELECOMMUNICATIONS
NETWORKING
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with Hyperlinks to your home page.

URL: businesswire.com



To: MikeM54321 who wrote (1779)5/15/2000 10:51:00 AM
From: Tony A. Matthews  Respond to of 3891
 
Has the Euro taken a beating or has the US dollar independently appreciated. It all depends on your point of reference. Look at most currencies in the developed world and you'll notice a depreciation versus the dollar so it's not really a matter of one currency taking a beating but that the US dollar is doing particularly well. The question is whether the US dollar can justifiably maintain this valuation long term or if we'll see some correction in which case any investment today outside of US will gain a two-fold benefit, share appreciation and currency appreciation.



To: MikeM54321 who wrote (1779)5/16/2000 2:59:00 AM
From: Steve Fancy  Read Replies (2) | Respond to of 3891
 
Mike, per this chart, looks like the EUR was at about $1.08 last May, so I don't know that that totally explains this. I cannot vouch for the accuracy of MSN's data, and generally seem to find different data on different sites when I go looking. I can only guess their number is also inaccurate.

dynexcorp.com

The whole concept is interesting in that it seems the only way to accurately evaluate any foreign stocks historical performance data would require it be reported in their local currencies. This would seem to put all ADR's at a major disadvantage when comparing with US companies, at least through the MSN site. Of course I suppose it works the other way around also. Boy, seems that really puts the small investor at a big disadvantage as they don't know what they are looking at.

Where did you hear they reported net loss in Q1 '99? Not how I remember it, but I do remember the big gains were in the second half. This is the only story I could find referencing that quarter. Remember though that this was very early into their recovery from the dive the stock took in September '98 from an earnings warning.

Message 9244923

Sometime tomorrow I'll look up a few Brazilian companies and see if the same situation exists pre/post devaluation from January of last year when the real/USD went from the $1.20 range to $2.00 and above.

But no, I'm not overly bothered by it. I think the smart money is looking at suggested growth rates, product line etc, etc and comparing multiples with other companies in the sector.

Thank you for your notes from ALA CC and your thoughts on AFCI. I may pick up some of the latter.

regards,

sf