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Technology Stocks : Newbridge Networks
NN 14.32+1.1%Jan 9 9:30 AM EST

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To: Jeffrey L. Henken who wrote (2354)11/3/1997 8:23:00 PM
From: Serge Collins  Read Replies (1) of 18016
 
Jeffrey; The consensus earnings estimate for the second quarter is $0.33 per share according to Zack's. Can you tell me if this has changed in the last few weeks? The company issued a press release tonight that states its revenues will be similar to first quarter revenues and earnings will come in between 10% and 15% of first quarter earnings ($0.27 per share). If this is the case, then they will miss the estimate and possibly by quite a bit.
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