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To: Scrapps who wrote (15811)	6/2/1998 5:51:00 PM
From: Moonray	Respond to of 22053

Newbridge stock gains ahead of Q4 earnings Reuters - Tuesday June 2, 4:53 pm Eastern Time TORONTO, June 2 (Reuters) - Shares in Newbridge Networks Corp. (NN - news), which has unveiled a string of disappointing quarters, ticked up on Tuesday on expectations of strong fourth quarter results. Stock in the telecommunications equipment maker added 1.55 to 41.70 in brisk trading of 1.1 million shares on the Toronto Stock Exchange. On average analysts predict profit would be steady from last year's number at $0.15 a share, according to investment research firm First Call. But whisper estimates -- the unofficial upward or downward revision of quarterly numbers discussed among those in the know -- are $0.15 to $0.16, said Rob MacLellan, Kearns Capital analyst. MacLellan added that he was taken aback by the stock gains, given Tuesday's news that Sprint Corp. (FON - news) announced plans for a partnership with Cisco Systems Inc. (CSCO - news) to develop a very reliable telephone and data network. ''It excludes Newbridge, for all intents and purposes (it) excludes Nortel (Northern Telecom Ltd. (NTL.TO - news)), which we view as mildly negative for Nortel and extremely negative for Newbridge,'' MacLellan said. ''All in all, I would have expected Newbridge to be down at least as much as it currently is up.'' Some investors believe that Sprint's agenda stamps a seal of approval on the same type of technology that Newbridge offers, MacLellan said. But MacLellan, who had downgraded Newbridge to a rating of reduce a week ago, said that Newbridge failed to develop a broad product portfolio. He gave the stock a target price of C$32 a year out. ($1 equals $1.46 Canadian) o~~~ O

To: Scrapps who wrote (15811)	6/4/1998 10:20:00 AM
From: Moonray	Respond to of 22053

Leading Networking Equipment Vendors Showcase IMA Interoperability At ATM Year 98 - 08:47 a.m. Jun 04, 1998 Eastern SAN JOSE, Calif., ATM Year 98, Booth #140, June 4 /PRNewswire/ -- Members of the newly formed IMA Interoperability Initiative (I3) are showcasing the first-ever IMA interoperability demonstrations this week at ATM Year 98 in San Jose, CA. The demonstrations of successful interoperability testing between products from 3Com, Ascend, Digital Link, Larscom, Nortel (Northern Telecom), and Sentient Networks, are highlighting the benefits of IMA in four key applications: Transparent Trunking, LAN Interconnection, Video Streaming and Voice over IMA. These demonstrations are currently being held in the IMA Application Showcase (Booth #140) of the ATM Year '98 exhibition, located in the San Jose Convention Center. guide-p.infoseek.com o~~~ O