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Technology Stocks : Newbridge Networks
NN 12.91+7.9%3:52 PM EST
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To: zbyslaw owczarczyk who wrote (16582)1/24/2000 11:51:00 PM
From: blaireo1  Read Replies (3) of 18016
 
ZO,

They have never issued (at least during the last 3-4 years) statement saying that three weeks before the end of the Q outlook is positive.
As I said either NN is very confident or they are playing Russian Roulette with five bullets.

You have to remember the context in which the Newbridge announcement was made. Lucent had just tanked the market and Nortel and Cisco had just released statements saying they were OK and that Lucent's problems were self-inflicted. Newbridge came out a day later with a similar "we're OK sort of" release. I just hope that if they are playing Russian roulette that they know enough to have only 5 bullets and not 6. I'm not so sure that this is the case.

Blaireo
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