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


To: pat mudge who wrote (7050)10/20/1998 8:34:00 AM
From: ricky  Respond to of 18016
 
Pat , Any insight on the Nov 24 earnings for NN ? NN seems very
undervalued considering their product pipeline and what appears
to be a very bright future ?

Ricky




To: pat mudge who wrote (7050)10/20/1998 10:45:00 AM
From: zbyslaw owczarczyk  Read Replies (2) | Respond to of 18016
 
Pat, did you noticed that based on Vertical System and IDC, internationl ATM market is and will be growing faster then US.I think that implication for NN are obvious.

Regareds
Zbyslaw



To: pat mudge who wrote (7050)10/20/1998 4:32:00 PM
From: Greg Spendjian  Read Replies (2) | Respond to of 18016
 
Somewhat strange news item re TM willingness to sell ...

Canadian Business says Matthews may sell stake

Newbridge Networks Corporation NNC
Shares issued 176,550,858 Oct 19 close $28.25
Tue 20 Oct 98 In the News
Canadian Business magazine says in its Oct. 30 issue that Newbridge
Networks' slumping share price has chairman Terry Matthews railing at
competitors, and hinting that he might be ready to sell. Plugged In
columnist Ian Austen says that Newbridge still has not fully recovered from
its share price meltdown that destroyed $11-billion in equity last winter,
but that does not mean that things are not changing. For example, Mr.
Matthews was open to journalists for the first time at the company's annual
fall conference for investment managers. The man who 10 months ago boasted
that his aggressive approach to competition would make Newbridge one of
international telecommunications' big players hinted that he now might sell
rather than fight. Mr. Matthews did not suggest who the buyer might be, but
Lucent Technologies is weak in all the areas in which Newbridge is strong.
In addition, the company is expected to start a buying spreee because of an
accounting deadline that passed this month.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com