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Technology Stocks : Newbridge Networks

NN 16.41

-1.7%

Dec 12 9:30 AM EST

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To: Zardoz who wrote (2696)	1/12/1998 9:24:00 AM
From: Rick Smith	Read Replies (2) of 18016

Goldman Sachs lowers fiscal 1998 estimate by .05, remains on Recommended List. They trimmed their Jan. quater estimate by .03 to .24 to reflect continued caution from NN mgt. about the back end loaded shipment pattern for the TDM biz. No change in fiscal 1999 estimate of $1.65. Calender 1998 estimate is now $1.45. They continue to recommend the stock noting that the potential for further disapointment has diminished. Good Luck. Rick..

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