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Technology Stocks : Newbridge Networks

NN 14.54

+2.7%

Jan 14 3:59 PM EST

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To: Herb Duncan who wrote (2351)	11/4/1997 9:54:00 AM
From: micromike	Read Replies (1) of 18016

Newbridge Networks Announces Preliminary Estimates of Second Quarter Fiscal 1998 Results biz.yahoo.com KANATA, Ont., Nov. 3 /CNW-PRN/ - Newbridge Networks today announced preliminary estimates of financial results for the second quarter of fiscal 1998, ended November 2, 1997. Revenue for the second quarter is expected to be approximately equal to revenue of $435 million for the first quarter of fiscal 1998, which is more than 35% greater than revenue of $316 million for the second quarter of fiscal 1997. Earnings per share for the quarter are expected to be within 10% to 15% of the first quarter fiscal 1998 earnings per share. --- .46CDN was the estimate for this quarter. The last Q was .36CDN so I guess they plan to make this within 10% to 15% of .36CDN. I think they report in US funds so you need to multiply by 1.4. Mike

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