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

To: pat mudge who wrote (4911)	6/4/1998 9:04:00 AM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

Pat, I did not catch during cc any guidance regarding future expences.So far GS&A and R&D are flat over last 3 quarters.The question is did NN made such suggestion to some Analysts after CC or this is design to explain yesterday drop.I am still waiting call fron NN. " In addition, the company suggested that expenses in the new fiscal year are likely to rise above the level Wall Street had anticipated as competition in the asynchronous transfer mode market intensifies, particularly as large players like Lucent Technologies (LU 70 1/2 -1 3/16) make their presence more pronounced. This all means that Newbridge will continue to experience pricing pressures in its main market, which will put additional pressure on gross margins."