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

To: Claude Robitaille who wrote (3837)	3/20/1998 11:38:00 AM
From: Tunica Albuginea	Respond to of 18016

Claude, the Financial Post I am sure, < GG >, will clear up the misinformation in the future. FORE and NN have nothing to do with each other. NN is in backbone WAN ATM and FORE is in LAN ATM. FORE has done nothing past 16 months whereas NN has ben winning contract after contract. biz.yahoo.com Thursday March 19, 10:01 pm Eastern Time Newbridge shares down TORONTO, March 19 (Reuters) - Newbridge Networks Corp (NN - news) shares fell by the end of trading on Thursday. The stock shed 2 to 38.85 by the close. Newbridge said the fall was due to misunderstood information relating to the awarding of a contract by Deutsche Telekom AG (NYSE:DT - news; DTEG.F). ''The reseller agreement announced today by FORE Systems with Deutsche Telekom AG is separate and distinct from any business being bid by Newbridge Networks with Deutsche Telekom,'' company spokesman Paul Goyette said in a statement. ''Newbridge Networks is a leading vendor of asynchronous transfer mode solutions for carrier networks. Deutsche Telekom has yet to announce a vendor for its global, broadband network architecture.'' ****************** TA