Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeffrey L. Henken who wrote (4342)	5/2/1998 6:16:00 PM
From: Brett Nelson	Read Replies (2) \| Respond to of 18016

Thanks for the article. Here's my favorite bit: "How far will he go? At a meeting of electrical engineers about the same time the stock gyrations began last fall, Matthews luridly boasted that he's loathed by competitors worldwide. "They hate me because I compete and I enjoy competing. I like to get my teeth into their flesh. I rip their flesh right off the bone." Matthews, it seems, is ready for a fight to the death." Watch out LU and ASND....

To: Jeffrey L. Henken who wrote (4342)	5/3/1998 12:54:00 AM
From: pat mudge	Respond to of 18016

Jeffrey -- The main article was posted earlier but I'd not seen the sidebar. Perhaps I just missed it. Thanks for re-posting. Later -- Pat <<< Follow the leader Newbridge may not be a one-man show, but all the executives know it's still Terry Matthews' company <Picture: M><Picture>uch of Newbridge Network Corp.'s senior management is dominated by the company's founders. Seven of the 11 executives who were around for the company's initial public offering are still at Newbridge, and an eighth founder runs one of its affiliates. Needless to say, this means there is a lot of loyalty to Matthews, and that the company is still run very much according to his original game plan. Take Claude Haw. He followed Terry Matthews from Mitel Corp. two years after Newbridge was founded, and is now vice-president, broadband alliances--the person who looks after the company's research and sales alliance with Siemens AG among other things. Like many of the original employees, Haw has presumably become wealthy thanks to Matthews. He also flatly rejects the vague reputation Newbridge has around town for not always being the best employer. "Terry does like people to work really hard. That is the culture, the days are pretty long and always have been," Haw says, as he sits in an office that sports a world map with colored flag pins marking locations of importance to Newbridge as the only real decoration. "But unlike the heads of other companies that do eat up people and spit them out--take advantage of them basically--Terry is very people-oriented. He wants to keep people in the company, he makes sure they feel ownership in the company." In December 1996, Peter Charbonneau took the title of president and chief operating officer. He's not, however, an ex-Mitel type, but rather a chartered accountant who had become Newbridge's chief financial officer. Charbonneau, no doubt, works hard and plays an important role--if nothing else he's often the company's public face when it's time to announce bad news. But, curiously, during a 90-minute interview, Matthews never once mentions Charbonneau. In fact, whenever Matthews refers to Newbridge or important management decisions that have been made, he generally uses the first person singular. "There's no doubt that Newbridge is his company," says Robert MacLellan, a Halifax-based analyst with the New York firm Dillon Read and Co. Inc. "It's very much an environment where Matthews sets the example.>>>