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


To: Doug who wrote (5713)7/25/1998 1:08:00 AM
From: NNThinker  Read Replies (2) | Respond to of 18016
 
To all,

Now that the Canadian dollar has fallen to an all time low (today's close is the 11th record low in the past 12 days!!) of 66.71 cents U.S., does this exchange rate help NN at all when negotiating contracts with U.S. and European firms?

I understand money comes a distant second to quality equipment, but the exchange rate should help NN in some way, shouldn't it? Especially since NN's ATM equipment is viewed as being higher priced than its competitors.

Any comments?