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

To: Giraffe who wrote (4127)	4/17/1998 2:31:00 PM
From: OrionX	Read Replies (1) \| Respond to of 18016

NEWS WIC Connexus deploys broadband wireless technology Newbridge Networks Corporation NNC Shares issued 173,670,862 Apr 16 close $40.30 Fri 17 Apr 98 News Release Mr Paul Goyette reports WIC Connexus, holder of 47 LMCS spectrum licences across Canada, is deploying a showcase network using Newbridge broadband wireless technology. LMCS (local multipoint communications systems) refers to broadband wireless systems operating in the 28 GHz band, licenced to deliver competitive data, Internet, voice, video, and multimedia services to business and residential customers. In other countries, including the US, it is known as LMDS (local multipoint distribution service). Located in the Toronto area, the showcase network is featuring a new generation of LMCS architecture based on the MainStreetXpress multiservice access platform. Two cells (wireless coverage areas) have been deployed, each with a wireless base station using 90 degrees sectorization to serve customer premises within the area. Network interface units located at the customer premises provide connectivity to a full range of in-building networks including: single and quad Ethernet, token ring, circuit emulation, cell relay, and MPEG2 (Motion Picture Experts Group) video, enabling Connexus to deliver high speed Internet access, data services, telephone traffic, and videoconferencing. The MainStreetXpress 46020 Network Manager enables Connexus to centrally manage and monitor the network from its head office. To ensure the network's ability to provide high quality services to all customers, the showcase also includes a mobile customer premise site that measures the strength and quality of signals throughout the coverage area. In September 1997, WIC Connexus announced a program to optimize the design of its LMCS network for national implementation. The showcase network, using asynchronous transfer mode (ATM) technology marks the next stage in the program, allowing Connexus to apply the field-proven Newbridge solution to its specific customer requirements. ATM is a communications standard that enables the simultaneous delivery of high speed, high quality, data, Internet, voice, video and multimedia services. Using this standard in the broadband wireless environment provides a cost-effective, easily deployed alternative to fibre optic cable, allowing Connexus to provide customers with the range and quality of communication services previously available only on wireline networks. Canada was one of the first countries to license broadband spectrum for two-way services. LMDS auctions, completed in the US in March 1998, have made 28 GHz band spectrum available there nationwide. Industry analysts support the use of ATM in broadband wireless networks and generally agree that US operators will initially target the lucrative business market through the delivery of high speed data, Internet, and voice services. Newbridge Networks was the first manufacturer to develop solutions for extending full ATM capabilities into the broadband wireless environment. Developments in broadband wireless technology have progressed rapidly since Connexus was awarded its LMCS licences in April 1997. By completing the network design and planning stages and implementing the showcase network, Connexus maintains its technological leadership in the deployment of advanced LMCS networks. According to research analysts, Ovum Ltd, by the year 2005, there will be over 40 million broadband wireless connections worldwide. These will generate an estimated US$16 billion to network operators. Owned by WIC Western International Communications, WIC Connexus is licenced to operate as a third force in local communications in 47 markets across Canada. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Giraffe who wrote (4127)	4/17/1998 10:29:00 PM
From: Mark Kubisz	Read Replies (1) \| Respond to of 18016

Thanks Giraffe. Nice to hear confirmation of the short term outlook - and up another quarter (Canadian) today with a close near the high was nice to see too. As far as bouncing between 36 and 20, I think it would take something quite bad from a fundamental point of view to bring it below about $25 USD.