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Strategies & Market Trends : Canadian Options
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To: Chris Stovin who wrote (436)5/13/1997 11:58:00 AM
From: notredame   of 1599
 
You know, the company whose name starts with a B that I have vowed not to say anymore. Ends in an X. That incident.

I watch this stock, I don't trade it yet. But my guess is that they will have strong 4th quarter earnings, and this is primarily based on Nortel as the benchmark. I know that hardware is just flying out the door with deregulation of telco markets and Newbridge is leading edge stuff.

It is approaching Nesbitt's target of 50-52 CDN but who knows. It is very volatile and if the earnings are not there, we are looking at a meltdown. Long run, I think the company is good.
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