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Technology Stocks : Newbridge Networks
NN 16.48-1.3%11:18 AM EST
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To: Bron-y-aur who wrote (13990)10/27/1999 2:40:00 PM
From: Rob Riordan  Read Replies (2) of 18016
 
While I am sure some on this thread will view this as wild optimism (Doug/Serge), one reason for comments such as has been attributed to Kedersha is simply covering his rear. All these analysts who have buys or strong buys are looking pretty bad in light of the recent selling. They know that it will be the quarter that makes or breaks this stock short-term so if they are on record saying that NN might not make it than they have some protection for their valuable reputations. Can't say I blame them. Rob
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