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

To: micromike who wrote (2680)	1/8/1998 11:19:00 PM
From: Sans Souci	Read Replies (1) \| Respond to of 18016

Actually, better to halt the stock before the open, issue a comment about the rumours (I assume false), then re-open mid-morning. -- Paul

To: micromike who wrote (2680)	1/9/1998 12:48:00 AM
From: Larry Forsyth	Read Replies (1) \| Respond to of 18016

"I wonder what the legal implications would be if the rumour is true and they came out and said it isn't?" Legal ramifications such as this might be exactly why NN won't issue a statement...imagine the lawsuits should your scenario be true... time to buy:-)

To: micromike who wrote (2680)	1/9/1998 2:36:00 PM
From: Azim Tarmohamed	Read Replies (1) \| Respond to of 18016

Having read all the postings about the rumors I decided to call NN investor relations. From my discussions with them and in response to "Meawhile, rumors circulating that the company has been guiding analysts to slash their forecasts for the curent fiscal year ending April"...(Globe & Mail Jan 9, 1998) I discovered that they had spoken to just one analyst at TD who has been quoted in a previous posting today. Basically the analysts' forecasts were much rosier (8-10% growth) than the actual scenario predicted by the company (4-5%). This is for the older type of technology namely, TDM. Regarding the Asian factor about 18% of their sales are based in that region but only a 5% exposure to the Tiger countries which currently are the ones in financial trouble. About the Skystone/Cisco rumour the message was that NN did use Skystone, for some designs, prior to that company being taken over by. Skystone, a company of about 50-60 employees, I am advised does not currently have any products. NN also informed me that they are on target to unveil their position on UB as promised earlier. I believe they had earlier said they would by the end of the next quarter. The general tone of our discussion left me with the impression that there are a lot of rumors being circulated which are not supported by facts and we all know what the intention of spreading such rumors is. It gets very difficult for individual invesrtors like us participate in the market especially for those companies which are held by momemtum investors since the volatility is often unbearable. However, I am going to stick it out. The growth potential for ATM is massive and NN is a leader in this technology. It has good partners and well positioned internationally. I was also reminded by NN that 4 affiliates have won recognition by Data Communication for their products. ( one of these is listed below). A hello to all participants of this thread. I have been lurking for a while since I am a NN shareholder. I have got excellent info. via this thread and I thank all contributors. KANATA, ONTARIO, Jan. 9 /PRNewswire/ - TimeStep Corp., an affiliate of Newbridge Networks Corp., announced today that its PERMIT Enterprise secure virtual private network (VPN) solution has been awarded the prestigious Data Communications Hot Product award for 1998 in the hardware VPN category. The fully standards compliant (IETF IPSEC and ITU X.509v3) secure VPN product was chosen for its innovative architecture that includes a built in certificate authority and firewall features along with authentication and encryption functions. ''TimeStep Corp. knows that when it comes to VPNs, there's nothing virtual about the hassles. And with its Permit Enterprise product, the vendor offers real relief-by adding some extra layers of protection and reducing administrative chores,'' Data Communications, Jan 1998. ''The hardware/software combo is the only VPN product that boasts certificate authority and firewall features on top of such stock VPN functions as authentication and encryption.'' Data Communications Hot Products 1998 were chosen using a carefully selected criteria based on the latest trends in networking. This year's focus was on products that boost the performance of IP traffic on corporate intranets. All winning products boast a key technology differentiator that sets them apart from the competition. And that differentiator results in clear and quantifiable financial benefits-by increasing productivity, for instance, or cutting administrative costs, or preventing theft. ''The TimeStep team has worked very hard to position themselves as technology leaders within the security industry by producing a world-class network security solution,'' said Tim Hember, president and CEO of TimeStep Corporation. ''Receiving a Hot Product '98 award from Data Communications is a third-party stamp of approval for our technology. We're proud of PERMIT Enterprise and we're thrilled that Data Communications has selected it as a recipient of this prestigious award.'' To read about TimeStep's Hot Product award and to learn more about the PERMIT Enterprise secure VPN solution, visit the Data Communication's website at www.data.com or TimeStep's website at www.timestep.com. ABOUT PERMIT ENTERPRISE PERMIT Enterprise is an IPSEC-compliant secure VPN system designed for large-scale business communications. By integrating best-of-breed technologies from Entrust Technologies and Check Point, PERMIT Enterprise consolidates secure VPN, access control, and authentication technologies in a single solution. All of which makes PERMIT Enterprise the complete network security solution for corporate intranets, extranets, and Internet remote LAN access. ABOUT TIMESTEP Since its inception, TimeStep Corporation, an affiliate of Newbridge Networks, has focused on developing network security solutions that are simple, powerful, and compatible with past, present, and future networking technologies. The TimeStep PERMIT product suite uses sophisticated IPSEC secure VPN technology to enable business users to exchange information over shared corporate and public networks with total privacy, confidentiality and integrity. TimeStep is a center of excellence in encryption and develops products that conform to industry-wide communications and security standards. Timestep Corporation headquarters is located at 362 Terry Fox Drive, Kanata, Ontario, K2K 2P5, Canada. For more information on TimeStep Corporation and the PERMIT product suite, contact info(at)timestep.com or visit the corporate web site at timestep.com. TimeStep, PERMIT and PERMIT Enterprise are trademarks of TimeStep Corporation. Newbridge is a registered trademark of Newbridge Networks Corporation. All other company and product names are trademarks or registered trademarks of their respective holders. SOURCE: TimeStep Corporation /CONTACT: TimeStep: Sarah Miller, 613-599-3610, ext. 4563, 1-800-383-8211 ext. 4563, smiller(at)timestep.com; LNS Communications: Leigh Dally, 617-577-9777, ldally(at)lnscom.com/