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

To: Greg Wai who wrote (7796)	11/25/1998 11:26:00 AM
From: Glenn McDougall	Read Replies (3) \| Respond to of 18016

Well, what a day. A great contract that we did not expect and three upgrades ML, Cowan and DLJ. Lot of fireworks. Only two items not on the table for dinner as of this time. Global One, we hope by December 3rd and perhaps a LU partnership with a 15 - 20% purchase of Newbridge shares. Regards Glenn

To: Greg Wai who wrote (7796)	11/25/1998 11:33:00 AM
From: Asymmetric	Read Replies (2) \| Respond to of 18016

Trading Halted Due to Order Imbalance? Wednesday November 25, 10:56 am Eastern Time (Reuters) NYSE Resumption - Newbridge Networks first sale 253,800 shares at 28-7/16, up 1 from the halt As far as China Post - National telecomm infrastructure expansion for their country equivalent to adding one RBOC per year...so lot's and lot's of equipment needed and being ordered. Doubt if Ascend or Newbridge could meet equipment needs even if they wanted to, but I'm speculating regarding this last point. Congrats to all. Peter

To: Greg Wai who wrote (7796)	11/25/1998 12:20:00 PM
From: tech101	Read Replies (1) \| Respond to of 18016

There were reasons that Alan Lutz was so upbeat. The C&W/China Post/GlobalOne contracts alone could be worth more than half of NN's current revenue for each year in future for at least 5 years to come. This will put a floor for NN's future revenue growth. And RBOCs, LU, WorldCom, Qwest, Level 3, Williams, and ISPs, and globle enterprises for intranet/extranet will follow ... It is not unusual for China to sign contracts with multiple vendors. If you go into a CO of a local telephone service provider, you will see equipment from Siemens, AT&T, Alcatel… just like a world trade show. But in the news announcement, the Siemens/NN contract includes all 31 provinces cross China (did the announcement mention "exclusive"?). ASND announcement sounds like kind of provincial (regional) contracts. Siemens is THE largest telecomm/electronics vendor in Asia, and perhaps Europe. Siemens receives credit/commission for selling NN products. ASND is a relatively new comer in Asia. And LU is not big in China either (but T was). The beauty of the Siemens/NN alliance is that it is non-exclusive. That would allow the eager LU to buy 15-25% of NN. (NN does mention competition to CSCO and ASND, but not LU). The reason that the amount of the China Post contract is not announce is simple -- nobody can accurately estimate the exploding needs of Chinese people in future. China has more than 1 billion populations, but fewer than 10% (not sure) have telephone services. The shorters are lucky because of the light pre-Thanksgiving trading. The real buying probably shall come after Thanksgiving.