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

To: TheTruth who wrote (2996)	2/3/1998 9:28:00 AM
From: Trader Bob	Respond to of 18016

My figure 26.10 CAD means Cdn dollars Mr. truth not US. currently looking 27 1/2 CAD opening.

To: TheTruth who wrote (2996)	2/3/1998 9:29:00 AM
From: nick cash	Respond to of 18016

conf call ended about 15 minutes ago. ub is the least of the problems. i do not have time to go into details. replay is available but they didn't give the #-call nn investor relations. tdm down $60mm sequentially. expect to regain maybe 1/2 of that decline in q4 but still obviously way down. guidance for fy99 in 15% decline in tdm revenues over final fy98 #'s which will be pathetic. 36120 in packet area down similiar to tdm-ugly. lots of run around on questions and rah rah about design wins that i have heard too many times before. my question is: when will these design wins = signif revenues. now they say late cal 98.....it just keeps being pushed out. still don't think t m's ego has come to terms with reality. great visionary, poor at running operations once entity is established. talk of reduction of expenses but it was not of the scale that i (or others) want to see. disappointing to say the least. gotta go...... all imo only....nick

To: TheTruth who wrote (2996)	2/3/1998 9:52:00 AM
From: Franco Battista	Read Replies (2) \| Respond to of 18016

Just spoke to my broker. Stock is trading at 28.50$ Canadian on the Toronto exchange. I just rebought into NN last week. My previous investment had done very well, I went from 27$ US to 50.$US. I rebought when I saw the stock at 27$ US again last week. I was a week too early, OUCH! My broker will be giving me details about the conference call this morning. His first impression was that their ATM business is intact. This is crucial for future investment confidence. Whar riles me up about NN is their lack of investor relations. Why did they not take out a press release last night? It's crazy to have to learn about the reason for the trade halt through rumors circulated on CNBC. Also, this is the 3rd quarter that they pre-announce a shortfall, they should have taken one big hit in one quarter and then resumed their growth. Wall Street never rewards companies that keep whining quarter after quarter, the analysts stop recommending companies that make them look like fools every quarter. It is one thing for a broker to tell his clients, 'Hey, they'll miss their quarter but the worse is now behind them', but to have to say this for 3 quarters is not going to wash. Recovery could be slow for NN. They better get rid of UB fast, if they want to begin to restore investor confidence.