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

To: Peppe who wrote (10171)	3/9/1999 9:53:00 PM
From: Serge Collins	Read Replies (1) \| Respond to of 18016

Twin peaks? I'm not familiar with that technical indicator. Speaking of charts, take a look at the two year chart on Newbridge. The stock seems to be following the same pattern that it did in the fall of '97. The similarity is striking.

To: Peppe who wrote (10171)	3/9/1999 10:28:00 PM
From: pat mudge	Respond to of 18016

newsalert.com According to Salomon Smith Barney, the worldwide telecommunications equipment market is expected to total $250 billion in 2000. From the Financial Times: <<< March 10, 1999 Dutch Watchdog Tells Telecom Firm To Share Network With Competitors By JAMES M. DORSEY Special to THE WALL STREET JOURNAL AMSTERDAM -- Dutch telecom watchdog OPTA has instructed KPN NV to share its telecommunications network with its competitors until an infrastructure shortage can be resolved. "KPN must cooperate in an emergency solution in which its competitors, despite the shortage in the KPN network, can handle their clients' telephone traffic without disturbance," OPTA said. OPTA decided on the move after Versatel NV, one of KPN's competitors, said it needed more network capacity than KPN could provide. KPN's competitors will be allowed to maintain their price structures while using the KPN network, OPTA said. Clients of KPN competitors will be billed by KPN, but receive a separate discount from their own provider. A host of new providers has emerged in the Netherlands ever since the government liberalized the telecommunications sector two years ago. KPN enjoyed a monopoly before the liberalization process began. A KPN spokesman said the OPTA decision would primarily affect KPN's relationship with Versatel. "We will have to see whether the OPTA proposal is feasible. It entails quite a bit. It means we have to include Versatel's clients in our database. We'll have to look at that," the spokesman said. He said KPN hoped to discuss the issue with Versatel as soon as possible. KPN announced last month that it was investing 3.7 billion guilders ($1.83 billion) to expand its network in the Netherlands. >>>> <<<< March 10, 1999 Hongkong Telecom, Microsoft Team Up in Multimedia Alliance By CHRISTINA MUNGAN Staff Reporter of THE WALL STREET JOURNAL HONG KONG -- Microsoft Corp. and Hong Kong Telecommunications Ltd. formed a partnership that could start delivering video-on-demand, software, games and home-shopping services to Hong Kong computers within months. The two companies didn't say how much investment the project might require. And while they hope to launch some services this year, they haven't decided which products to offer first, how much to charge customers or how to share the resulting revenue, officials said. Still, Microsoft Chairman Bill Gates and Hongkong Telecom Chief Executive Officer Linus Cheung hailed the agreement as "a milestone" on the way toward a world in which televisions, personal computers and telephone lines will converge to deliver video, shopping and business services through the Internet. Market Lures Others The world is watching. Time-Warner Inc., Bell Atlantic Corp., U S West Inc. and Tele-Communications Inc. in the U.S.; British Sky Broadcasting PLC and British Telecommunications PLC in the United Kingdom; and Nippon Telegraph & Telephone Corp. and KDD Corp. in Japan are among dozens of cable-television and telephone companies around the world racing to develop video-on-demand and other high-speed Internet services. Microsoft and Hongkong Telecom, a unit of Cable & Wireless PLC of the U.K., billed their Zoom project as a global first. Even so, many of the services the alliance is likely to offer -- such as video-on-demand -- already are available in other forms in Hong Kong and Singapore. Hongkong Telecom has invested 1.4 billion Hong Kong dollars (US$180.7 million) in the past four years linking 70% of Hong Kong's 1.9 million households to a fiber-optic network through which the company started offering movies and home shopping last year. That network also makes it possible to offer Internet access at speeds 30 to 300 times faster than possible on conventional dial-up services. Hongkong Telecom expects its investment in the network to start showing a profit by the end of next year if the company can coax about a third of its 300,000 conventional Internet subscribers to switch to the high-speed service, said Allen Ma, Hongkong Telecom's multimedia chief executive. So far, the service has drawn about 10,000 subscribers. A Test Market Officials at both companies said they aren't sure how consumers will use the technology. Hong Kong will be a test market from which Microsoft expects to learn what kind of products might sell, Mr. Gates said. Hong Kong subscribers "are going to surprise us with what they do with it," he said. Zoom's most-important innovation could be the capacity to rent software stored on Internet-based servers instead of downloading it to a computer's hard drive. That is an application likely to appeal more to businesses than to individual customers for a while, but it is also a key step toward the convergence of televisions and computers. Singapore Telecommunications Ltd. also uses a broadband network similar to Hongkong Telecom's to deliver movies, games and high-speed Internet connections to about 12,000 home computers, and the company's network could support the same software Microsoft is offering through Hongkong Telecom. Microsoft's agreement with Hongkong Telecom isn't exclusive and leaves the U.S. software giant free to set up similar services in other cities. Singapore is therefore a likely target, although Microsoft executives didn't directly answer questions about whether they might launch services elsewhere in Asia any time soon. >>>>