SI
SI
discoversearch

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: zbyslaw owczarczyk who wrote (4684)5/29/1998 2:34:00 PM
From: zbyslaw owczarczyk  Respond to of 18016
 
Most of us recognized that the report I have posted, only confirm what we know about NN.



To: zbyslaw owczarczyk who wrote (4684)5/29/1998 2:36:00 PM
From: Chris Stovin  Read Replies (2) | Respond to of 18016
 
Another Morning note (May 29/98) from RBC Dominion Securities;

Lucent (LU) US$71.63/ Newbridge (NNC) C$40.25
> Lucent's launch of a backbone switch was accompanied by the
> news that MCI would test it, leading some to suggest NNC
> was vulnerable at the account. Yesterday MCI sold its
> Internet backbone to Cable & Wireless, which recently gave
> Newbridge one of the largest ATM orders in history. NNC
> reports Q4 on Tuesday. Look for EPS of $US0.13.
> (Benn Mikula )



To: zbyslaw owczarczyk who wrote (4684)5/29/1998 2:47:00 PM
From: pat mudge  Read Replies (1) | Respond to of 18016
 
He believes there is opportunity for upside surprise in Newbridge's revenues and earnings as telecom carriers -- driven by exploding end-user bandwidth demand and intense competition spurred by deregulation -- continue to transition their WAN telecommunication networks to next generation ATM-based multi-service architectures. Silverstein sees WAN ATM switches and related access devices to be one of the fastest growing markets within the networking industry for the next several years.

Thanks for posting the press release. I can't tell you how good it is to see a major analyst saying what we've been saying for months.

Pat