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

To: micromike who wrote (10088)	3/6/1999 12:31:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 18016

Mike, You're absolutely right. Alan Lutz lies every chance he gets. The Siemens relationship is obviously in tatters. Sell all your shares first thing Monday. Short all the shares you can borrow. Ian. And if you believe any of the above, by all means go for it. ;-) You obviously aren't going to accept any information, so why bother asking others to waste their time acting as your nanny?

To: micromike who wrote (10088)	3/6/1999 3:08:00 PM
From: zbyslaw owczarczyk	Respond to of 18016

Mike did you listen to Alan CC for Merrill? 1800-759-7431 I am sure Siemens will be asked about alliance on Monday. So far NYT article is worthless, because source of bad NN-Siemens relations is unknow. Did you hear this from specific Siemens manager. Why Siemens has to make statment if company did not make comments in first place. Zbyslaw

To: micromike who wrote (10088)	3/6/1999 4:49:00 PM
From: nick cash	Read Replies (1) \| Respond to of 18016

mike, re: siemens and nn status: i questioned alan about this last week @ robbie stephens. his answer was pretty straight forward: look @ the jump in the level of business from siemens during Q3 (was ~19% of sales vs usual range of low teens). i asked if that was simply a reflection of bt business and he said no; it was broad based. he then also pointed out that a lot of tdm biz is thru siemens and tdm was obviously hurt by global economic forces so....... siemens was not only 19%, but 19% with poor tdm sales. kind of hard to argue with the numbers; and the numbers don't look like the business relationship bwtween the 2 is on the verge of collapse. imo, siemens needs the 36170 at least as much as nn needs siemens right now and in the near/intermediate term. no questions they are going their separate ways on some things but, as the 36190 debacle has shown- put siemens in charge of a big switch project and it's doomed. the company moves at a glacial pace and thoughts that acquisitions of start ups will quickly displace nn are folly. if not nn's 36170 then whose switch will they sell? the lu/asnd gear- yea right. so, unless csco and siemens form an alliance (highly unlikely), nn is probably pretty safe for the foreseeable future. all imo only....nick

To: micromike who wrote (10088)	3/6/1999 7:32:00 PM
From: Doug	Read Replies (1) \| Respond to of 18016

Mike: Siemens is now re-engineering American style. The previous honeymoon between Siemens and its junior partners is surely going to be evaluated. The known trends todate are as follows: a:Contract with Crosskeys is being run down earlier than expected. b:Acquisition of other U.S R&D based Network Companies. c:Telcom sales in S.America though weak had no impact on Siemens stock price but affected NN. I understand 20% of NN's revenue is sourced thru Siemens. The questions I have regarding this percentage are: a:Is this going to increase based on the current facts. b:Is this going to decrease progressively. c:Is this going to decrease abruptly. IMO ,scenario b: is most likely. The additional perceived implications are: a:Added pressure to increase direct sales. b:Added cost for Increased sales force. c:Increased competition with time. These implications may well be a cause of concern to some Investors.

To: micromike who wrote (10088)	3/8/1999 4:53:00 PM
From: pat mudge	Read Replies (2) \| Respond to of 18016

Mike -- I've been scouring the news for the right quote. Here, at last: March 08, 1999 15:41 Siemens seeks to buy more firms, strengthen pacts By Jessica Hall NEW YORK, March 8 (Reuters) - Siemens AG , which Monday announced some vital acquisitions in the U.S. data networking market, expects to pursue more deals and strengthen its existing alliances with companies such as 3Com Corp. Siemens said it will acquire two privately-held data networking companies and take a stake in a third company, called Accelerated Networks Inc. Siemens will spend about $300 million to acquire Westford, Mass.-based Castle Networks Inc., about $240 million to buy Littleton, Mass.-based Argon Networks Inc. and about $30 million for a stake in Moorpark, Calif.-based Accelerated Networks, according to Anthony Maher, a member of the managing board of Siemens information and communication networks group. Maher confirmed the values of the deals, which were first reported by the New York Times. These investments are part of an initial $1 billion earmarked by Siemens for the data networking market. Siemens expects to make further acquisitions but declined to identify the specific products areas it will pursue. "This is the beginning. If something is of value, we will move quickly and precisely to pursue that," Maher said at a press conference in New York. The acquisitions will most likely occur in the U.S., but Siemens may consider international opportunities as well, Maher said later in an interview. In addition to pursuing other deals, Siemens also may strengthen its existing relationships with 3Com and Newbridge Networks Corp. , Maher said. Maher said Siemens and Newbridge have discussed their relationship in recent weeks, reviewing the three-year relationship and considering ways the companies can move forward to address markets such as wireless. Newbridge has also been supportive of Siemens' plans to move aggressively to acquire U.S. data networking companies, Maher said. Siemens' new acquisitions will not dilute its commitment to Newbridge, but instead may strengthen the Newbridge pact, he said. "The things we are doing, they think are right. And we're discussing ways that we may be able to bring the things we are doing to the Newbridge relationship," Maher said. Siemens is also discussing expanding its relationship with 3Com, but those discussions do not include Siemens buying 3Com's unit that sells networking equipment to telephone companies, Maher said. Maher said recent media reports which suggested Siemens may buy the unit for $1.2 billion were speculative. "That is a good unit and an important unit. But that is not part of the discussions. It's too speculative (for the market) to consider us doing that," Maher said. He declined to comment on how the two companies may expand their relationship. Siemens' priority will be to meld its acquisitions of Castle and Argon into its new Unisphere Solutions Inc. unit, which will be based in Burlington, Mass. Unisphere will include about 500 employees spread through the U.S., Canada and Munich and will focus on the blurring markets of voice and data communications. Unisphere initially will have about $200 million in annual revenues and is expected to grow faster than the average market growth of 14 percent, Maher said. The unit is currently profitable, but its acquisition spree will bring it into the red, Maher said.