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


To: Rhys Roberts who wrote (11314)5/8/1999 8:20:00 AM
From: Freeflight  Read Replies (1) | Respond to of 18016
 
Ask Mr. Matthews what he does with his R&D on new projects funded by NN Skunkworks development labs?

Answer: He pushes intellectual property out to form new companies and doesn't let NN benefit a red cent. This increases his own fortune while penalizing us shareholders. None of the NN development engineers complain because they get rich going into these new ventures and win big. Investors lose big. I hope someone takes action on this soon.

TM has a formula to take care of himself and a few inner circle around him...just like the pattern of behavior TM showed at Mitel.

The lack of performance and leadership NN has showed over the last 5 years will not change. Good news, Lutz will window dress NN to be bought by someone, but it won't be British Telecom. TM preannouce ATM 2 years before it was shipping...killing existing revenue streams. TM mis annouce British Telecom standardized on NN VPN...NOT so and British Telecom printed retractions to NN statements last summer.

Face it NN is a side show at the circus and we don't trust their financial reporting, but someone will buy them for RBOC penetration. This is the only spike you will see. Cabletron and NN were made for each other with two CEO's which ran them into the ground. Maybe they should merge...2 negatives equals a positive.