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


To: Doug who wrote (10301)3/15/1999 1:25:00 PM
From: Claude Robitaille  Read Replies (2) | Respond to of 18016
 
Newbridge leads Central and Eastern European markets

Newbridge Networks Corp NNC
Shares issued 176,877,357 Mar 12 close $47.00
Mon 15 Mar 99 News Release
Ms. Linda Bell reports
Market research firm Dataquest, a Gartner Group company, has confirmed that
Newbridge leads the asynchronous transfer mode (ATM) and frame relay wide
area network (WAN) market in Central and Eastern Europe.
According to a recently released Dataquest report, Newbridge leads with a
46 per cent market share in the ATM market and 28.8 per cent market share
in the frame relay market. Newbridge has also installed time division
multiplexing (TDM) networks in every country in Central and Eastern Europe.
The company has won more than $100-million in business to supply ATM, TDM
and frame relay networks to service providers in countries throughout
Central and Eastern Europe, including the Czech Republic, Poland, Slovenia
and Hungary.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com