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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?

To: Adam Smith who wrote (901)	11/5/1997 10:20:00 AM
From: Dana Johnson	Respond to of 1119

Within the recent Newbridge press release discussing their performance, there was some interesting info about ATM. Here is an excerpt: "What hit us harder than we thought was delays in getting our new switched ethernet upgrades in their product line to market. Technical problems have slowed sales that we had anticipated picking up in the latter second and the third quarters." Newbridge warned on Aug. 5 that first-quarter revenue would be down slightly from 1997's fourth quarter. Part of the shortfall has been filled by strong sales of Newbridge's asynchronous transfer mode products for wide area networks. Charbonneau said sales of Newbridge's flagship ATM switches jumped 50% in the second quarter and were five times higher than a year earlier. Analysts like Robert MacLellan of Dillon Read & Co. Inc. say sales of higher-margin items will eventually replace the lost UB product sales. Charbonneau agrees, suggesting the transition will be completed by the company's fourth quarter.