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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST
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To: T. Lund who wrote (2931)2/2/1998 5:00:00 PM
From: notredame  Read Replies (1) of 18016
 
Nesbitt is saying the restructuring is 60-70MM about double of their previous estimates. They also indicate that the stock may trade in a range while the market sorts out the details.

Not too promising, but long term I think it will be okay. 867MM (2 quarters) in sales, just need to work on that profit margin.
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