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Technology Stocks : New Focus, Inc. (NUFO)
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To: pat mudge who wrote (304)3/1/2001 4:34:54 PM
From: sam  Read Replies (1) of 475
 
I haven't seen anyone else specifically lowering NUFO estimates, though after NT warned several analysts shaved numbers off everyone in the sector. FirstBoston, CIBC, Robbie, Jefferies, JPM, Piper and Dain also follow. Merrill talks a lot about NUFO, too, but I'm not sure they 'officially' follow. Interestingly, NUFO said they'd get to about 240 million in revs for the year. About triple this year. Not so sure a disappointment will be much of a disappointment -- if u catch my drift. I mean, its trading at 2 1/2 times cash.
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