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Technology Stocks : Newbridge Networks

NN 15.70

+5.2%

Jan 16 3:59 PM EST

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To: Thomas Scharf who wrote (2271)	10/16/1997 2:44:00 PM
From: Jeffrey L. Henken	of 18016

Earnings, according to Reuters are due out 11 /20. This could change but that is what I currently see as the date. Thanks Jan and Chris for your concern about my cold. If it doesn't get any worse I'll be gald to get this yearly disaster over with. Newbridge always seems to announce after the close. They do this so we can sweat the market reaction all night long. Maybe this quarter they will actually beat estimates. Don't get me wrong folks. I am way long, for a long time and will continue to be so but for once I would like to see the profit margins increase. It's been years of record revenues and dwindling margins along with increasing expenses. But with all the new large contracts maybe the nearly $2.00 a share projected for 1998 is conservative. Lets hope so...Jeff

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