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

To: MR. PANAMA (I am a PLAYER) who wrote (3764)	3/18/1998 5:22:00 PM
From: Claude Robitaille	Read Replies (1) \| Respond to of 18016

Have I read in a previous message here that NNC owne some 30% or 35% of shares of MCI???? if yes, this should maybe be good for NN. Wednesday March 18 4:52 PM EST MCI, Siemens in 5-Year, $2 Billion Supply Deal SANTA CLARA, Calif. (Reuters) - MCI Communications Corp. and Siemens AG said Wednesday they had struck a five-year, $2.1 billion revenue-sharing pact in which the two companies will jointly sell equipment and services to each other's customers. In a statement, MCI and Siemens' Business Communication Systems unit said that the deal will provide their respective customers with a single point of contact for procuring end-to-end telecommunication systems. Siemens spokeswoman Celine Hundt said financial terms of the revenue-sharing agreement were not disclosed, including a breakdown of the percentage that each company was entitled to receive under the deal. Under terms of the pact, the Siemens telecommunications equipment unit will deliver business to MCI, while MCI will conduct joint sales activities. In addition to offering outbound long-distance voice services to corporate customers, MCI will provide them with local phone, high-speed data and Internet services, they said. Joint products from the two companies will be available to customers this year, the companies said. The deal builds on an existing series of marketing partnerships between the two over the last eight years that have generated in excess of $1 billion to date. The new revenue sharing agreement "is more of a legitimate effort to work together than some fall-by-the-wayside joint venture efforts" seen throughout the industry, David Cooperstein, an analyst for telecom strategies at consultancy Forrester Research, said. Shares of MCI gained 25/32 to 49 11/16 on Nasdaq, just above its high for the year of $49.

To: MR. PANAMA (I am a PLAYER) who wrote (3764)	3/18/1998 6:03:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

German telecoms newcomer Viag Interkom (VIAG.F) said it would revise its business expectations sharply higher because of the strong public response to new phone services. ''The entire market has been underestimated,'' Martin Furuseth, Viag Interkom board member, told a news conference. ''We will probably raise our estimates for customer numbers twice as high as previously seen in our business plan. There could be 100,000 to 300,000 customers this year.'' This is beautiful. Comments like this have to affect the entire sector. Thanks for posting! Pat