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Technology Stocks : Newbridge Networks
NN 14.32+1.1%3:59 PM EST

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To: starpopper who wrote (2464)11/21/1997 1:01:00 AM
From: kanta  Read Replies (1) of 18016
 
Starpopper:

IT SEEMS CLEAR YOU ARE SHORT ON THE STOCK AND ARE TRYING TO GET A NEGATIVE SENTIMENT ON THIS THREAD TO HELP YOUR INVESTMENT. WELL, THE FUNDAMENTAL S OF THE COMPANY ARE STILL GREAT( ALTHOUGH A LITTLE SHORT OF OVER-AMBITIOUS TARGETS SET BY "ANALYSTS". iN LOOKING BACK AT THE BETTER HITECH FIRMS ON THE MARKETS, THEY HAVE ALL AT ONE TIME OR ANOTHER FALLEN SHORT OF TARGETS SET BY THE STREET. NNC IS NOT TOO FAR OF THESE TARGETS AND TUESDAYS RELEASE OF RESULTS WILL VERIFY THIS. WE SHOULD SEE A BIG MOVE IN THIS STOCK NEXT WEEK ONCE THE ACTUAL NUMBERS ARE RELEASED AND INVESTORS TAKE INTO ACCOUNT SOME OF THE LARGE CONTRACTS OBTAINED OVER PAST TWO WEEKS. i WOULD EXPECT THE STOCK TO TRADE $75-80 NEXT WEEK.

"THE MARKET HAS CURRENTLY FACTORED IN THE SHORT FALL IN EARNINGS FOR THE PAST QUARTER AND WILL TRADE ON THE UPCOMING QUARTER EXPECTATIONS WHICH ALOOK GREAT AT THIS POINT, WITH NEW ORDERS IN ALL THE RIGHT AREAS.

"THE KANTA"
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