Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pat mudge who wrote (8817)	1/5/1999 11:56:00 AM
From: MD Bryant	Respond to of 18016

I hope you are right Pat! But NN plays on the NYSE, not the NASDAQ, which means more rationale is used when it comes to news. If we where on the Nasdaq, we would be higher today.

To: pat mudge who wrote (8817)	1/5/1999 2:17:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 18016

Pat, It would also appear that several of the posters here are underestimating the significance of winning a US Government Contract. ... and they're almost certainly underestimating the significance of winning a contract with the US Military. Newbridge Networks (NYSE: NN - news; TSE: NNC - news) today announced that it is providing a high performance networking solution to support the mission critical communications requirements of the U.S. Defense Department's agencies stationed in the Republic of Korea (ROK). These agencies, which include the Air Force, Army, Navy and Marines, protect the demilitarized zone separating North and South Korea. First, it is not an easy feat to win such a contract. Second, neither the US Government nor the military is noted for frugality. Finally NN gets to sell a $240 hammer. ;-) Third, immense credibility has been an immediate result with other large corporations. Evaluating any type of technology for use in mission critical applications is an expensive process both in terms of time and money. Many corporations will be be encouraged by the military's selection of NN. And finally, for those who believe that the G1 contract is fully factored into the price of NN, I suggest they take a look at a chart of NASDAQ:QLTIF or TSE:QLT. It has almost tripled on expectations of today's announcement with more to come once they get their NDA from the FDA. (Sometime around 2nd or 3rd quarter of this year). JMO, Ian.