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Technology Stocks : Newbridge Networks

NN 16.41

-1.7%

Dec 12 9:30 AM EST

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To: Chris Stovin who wrote (3290)	2/23/1998 10:17:00 PM
From: Mark Kubisz	of 18016

>>Its really hard to call...I think they tend to >>overstate the bad news in an early warning >>so that when the real >>news comes out it doesn't sound that >>bad...of course that's what I >>would do....so most likely what will >>happen is the opposite.. For those inclined to guess the stock price, I think the best guidance is likely to come from what has this stock done in the past in comparable circumstances. Has anyone here been watching NNC long enough to remember what the stock has done in the past in the interval between earnings warnings and the actual earnings release, and then again immediately after the release?

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