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

To: zbyslaw owczarczyk who wrote (9552)	2/12/1999 8:01:00 AM
From: Glenn McDougall	Read Replies (1) \| Respond to of 18016

Zbyslaw; I am not sure what is in the forecast. I do know that the company has been saying that these two contracts along with a contract in the US (we still have not heard news on it) were the start of the wireless push by the company. <<The bottom line, as stated in The Globe and Mail, is that "Newbridge Networks Corp. has lost most of an estimated $333-million contract with WIC Connexus that was to be its springboard into a lucrative U.S. market and a major plank in it push to diversify its product line." Newbridge announced this deal last year, and Wall Street, therefore, would not have expected NN to lose it. No matter what kind of spin anyone puts on this contract (is it in NN's forecast, is it in the backlog, etc.), this loss is another blow to NN's credibility, and its stock price>>. Regards Glenn

To: zbyslaw owczarczyk who wrote (9552)	2/12/1999 8:05:00 AM
From: Glenn McDougall	Read Replies (1) \| Respond to of 18016

This is a good news bad news day. Just like the Ottawa Senators game last night. The good news in the game was there were lots of goals scored the bad news is most of them were put in the net by Florida.