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

To: micromike who wrote (2487)	11/25/1997 8:22:00 PM
From: w2j2	Respond to of 18016

Clearly, they are going to move quickly to stop the losses. From the earnings announcement: 'The Company's enterprise business did not meet our expectations for the quarter. The shortfall results from declines in business levels associated with the former UB Networks, which we acquired in January 1997. When we acquired UB Networks, we characterized it as a turnaround situation. Clearly, the performance of this segment of our business has been disappointing. We are examining the options available and we are developing a comprehensive action plan to effectively address this market space. We expect to have largely completed the necessary actions within the current fiscal quarter and we will communicate the details more fully as we proceed.