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Technology Stocks : Newbridge Networks

NN 17.07

+0.2%

Dec 26 9:30 AM EST

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To: larry pollock who wrote (2484)	11/25/1997 5:27:00 PM
From: Zoltan!	Read Replies (1) of 18016

Yahoo! has NN listed as a negative earnings surprise, -11.11%. biz.yahoo.com Paul Sagawa, analyst with Sanford C. Bernstein & Co. in New York, published a report Tuesday affirming his "underperform" rating on Newbridge, saying he expects Newbridge's fiscal 1998 and fiscal 1999 earnings to be "well below consensus" because of increasing competition in the wide area network sector. Sagawa also expects some news about UB Networks. "I would be pretty happy to see them jettison (UB Networks)," he told Dow Jones. excerpt from interactive.wsj.com Seems you're right about UB, other stories describe it as pretty much a mess. Regards

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