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Technology Stocks : Newbridge Networks

NN 17.07

+0.2%

Dec 26 9:30 AM EST

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To: micromike who wrote (12356)	7/23/1999 7:06:00 AM
From: New Economy	Read Replies (2) of 18016

The previous quarterly warning was announced on May 4, 1999, 3:45 p.m. PT The quarter earnings news release was on: Tuesday June 1, 5:24 pm Eastern Time Newbridge Networks Announces Financial Results for Fourth Quarter and Fiscal Year 1999 Last Quarter (Apr 1999) 0.12 Surprise -7.69 % Today is July 23 and if they have not issued a warning there is nothing to worry because they would have by now. Given the fact that last quarter they were not able to deliver last minute orders confirms that this quarter is just gonna be great! If expectations for the next quarter is .19 a share (US) and the actual was 0.12 last quarter which I repeat was due to their inability to deliver on schedule. They should not have much a problem making or surpassing anaylst expectations.

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