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

To: Serge Collins who wrote (9417)	2/5/1999 8:56:00 PM
From: nord	Read Replies (2) \| Respond to of 18016

If i were to look into my crystal ball I would see a wired world a wireless word groound and sat based. On the ground would be legacy systems and emerging from the ground would be fiber/cable backbones and cores throughout the land. each core would vary in size density and energy. Each core would have the backbone connected to it from the air and ground and would provide various levels of carrying capabilities. Some for voice some for data/video. each bit of energy carried on that world would have an address and need to flow freely to its destination like electricity to the wall. For the next 10 years atm will be at the core of the new wired world. the siemens alliance has come back from the ashes. NN has taken over adding capacity for European development and will get volume productions up and with it reduced costs and lower overhead ie increased margins. consolidation of sales force instillation support for product delivery of parts for assembly closer to the site of use etc. ATM sales grew at 45%. They didn't have enough parts to meet demand. I like these kind of problems. I am getting a little fuzzy but I think I still see lots of need for and orders for NN ATM globally speeking. The concept of reving up production to meet demmand suggest that there is demand ie it is outstri[[ing product margins tend to expand when demand exceeds supply. Granted there is competition but from my vantage I like the view from Main-Street and enjoy having 3COM and Siemens on the street with me. regards and peace Norden

To: Serge Collins who wrote (9417)	2/5/1999 11:05:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 18016

Serge, If Rob is your idol, so be it. He's not mine. And the reason's for comparing him with a mental midget were well defined in my post. Re the accuracy of his predictions. He has never retracted his statement that NN is at best a $32Cdn (About $21 US) stock. ... all the way up to $40. US He was wrong then, he has been wrong for most of the past year, and he's still wrong now. If that's your definition of living in the real world, so be it. It certainly isn't mine. His call over the past year has sucked. ... and still does. and is even more moronic now. The 35% growth rate in ATM revenues annualized translates into 332%. I won't even waste anybody's time annualizing the 45% order growth rate for ATM. Even I don't expect that quarterly growth rate in Sales or Orders to be sustained over the next 2 quarters let alone a whole year. But I do expect ATM to grow by much more than 50% for the next couple years or so. ... and I expect NN to take a solid market share during that period. The midget ignores reality of NN's share and its growth and its success at introducing new products that are accepted (eagerly) by the marketplace. And to say that Coke didn't and doesn't have any competitors is also ignoring reality. The comment related to single product companies. There are many of them. If you don't like the first set I picked how about Chlorox, Dial, etc. If you don't like those, pick almost any other set of companies. The majority focus on a core business rather than being jack of all trades and masters of none. GE is about the only extraordinarily successful exception to that "rule". Re being Erratic: Even Nortel which is now close to a $20B company had an erratic quarter and has had several erratic years since coming public. It certainly isn't being permanently shunned by the investment community. Again there are very few CSCOs or MSFTs that seem to be totally immune to real world lumps and bumps. If you can't stand the heat, stay out of the NN kitchen. I'm neither angry or frustrated. Unless you know my emotions better than I do. Which I strongly doubt. Disgusted that a mental midget seemed to be listened to by the Canadian investment community, perhaps. Unless Rob's already lost the job he held with CT Securities yesterday, he doesn't work for Scotia Mcleod. I'm not sure that many would regard that move as a "promotion". And finally, as stated yesterday, I fully expect NN to bounce back relatively quickly. Getting no downgrades and 1 upgrade after an earnings warning is astonishing to me, at least, if not to others. Where I felt this company had a bit more consistency to go before regaining credibility with the Analyst community, it appears some of them have matured a little since the Wes Scott fiasco at Nortel. Perhaps Wes getting kicked out of Nortel helped a little. ;-) Whether it happens before this next earnings report or after the next, I don't know, nor do I much care. When I'm ready to sell, it will be because the price is much higher than my view of what NN's prospects would warrant. JMHO, Ian.