Newbridge Networks Message Board

STOCKTALK

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 14.32

+1.1%

Jan 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mephisto who wrote (2413)	11/6/1997 2:25:00 AM
From: Mephisto	of 18016

I'm happy to hear that Mr. Matthews is an optimisitc CEO. Would be want a CEO who wasn't excited about his company? We should cheer because:Peter Charbonneau, Newbridge's president and chief operating officer, said sales of Newbridge's flagship ATM switches jumped 50% in the second quarter and were five times higher than a year earlier. Analysts like Robert MacLellan of Dillon Read & Co. Inc. say sales of higher-margin items will eventually replace the lost UB product sales. Charbonneau agrees, suggesting the transition will be completed by the company's fourth quarter. I was very pleased that NN warned investors about the shortfall. It would be nice if other companies followed NN's example.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next