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Technology Stocks : Newbridge Networks
NN 12.88+7.6%2:19 PM EST
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To: Tunica Albuginea who wrote (14639)11/17/1999 11:00:00 AM
From: Doug  Read Replies (1) of 18016
 
Tunica: TELECOM P/E's are now thru the roof. CS is at 70. If NN has 60c/y2k and growing it will be priced higher.

The trick in getting a high P/E is growth. If NN has 8c/this q; it should aim for 12c/next q with 15% growth in revenue. If it can show a steady growth leading to 18c/final q; I think you will see a higher price.

ERICY is unlikely to make an offer by tomorrow as they will like to understand T.M's strategy and then make their moves.
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