SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks
NN 14.93+2.7%Jan 15 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey L. Henken who wrote (2359)11/3/1997 11:47:00 PM
From: Serge Collins  Read Replies (2) of 18016
 
It's quite interesting that the J.P. Morgan analyst who upgraded Newbridge, William Rabin, did so after a very marginal increase in his per share estimates for both 1998 and 1999. The '98 estimate goes up $0.04 per share and the '99 estimate goes up $0.01 per share. This is hardly the sort of improvement that warrants an upgrade. It's this kind of nonsense that has made this stock a favorite of the trading crowd.

Put me down as cynical.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext