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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST

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To: zbyslaw owczarczyk who wrote (6528)9/15/1998 4:40:00 PM
From: RDH   of 18016
 
I have been eyeing NN as an investment opportunity, but frankly it seems overpriced and since there are many other beaten down stocks that hold better value, I can see no good reason to enter a position.

I am partly basing this on analyst earnings expectations. To me $20 a share is to high of a price to pay for future earnings of $1.00 (for a year), when the projected growth rate after that is less than sky high.

Can someone build a case for investing in NN. I just cannot see it, and am concerned that this stock can drop further.

- RDH.
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