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Technology Stocks : Newbridge Networks
NN 16.57+1.3%2:02 PM EST

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To: Glenn McDougall who wrote (16469)1/12/2000 8:57:00 AM
From: Bob Howarth  Read Replies (1) of 18016
 
All I mean is that if new switch is a success, and if 3DSL actually sells well, and if the LMDS/Stanford product(s) are successful, and if NN really focuses by selling all the irrelevant stuff, cutting costs, outsourcing manufacturing and service, and Flynn runs the company the way one is supposed to run a company, THEN

stock is easily worth 1 year target of 35, as analysts said. That is, no takeover premium is in the stock.

My criticism of analysts here is that they are looking backward, not forward. Anyone can look backward. A good analyst must predict the future, right?

Good luck to all.

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