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Technology Stocks : Newbridge Networks
NN 13.82-1.6%2:50 PM EST

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To: igor who wrote (3167)2/8/1998 9:23:00 PM
From: don wang  Read Replies (1) of 18016
 
The point is what was the worth of the company at 1993 and what is now? In 1993 it's revenue only $0.307 Billion and in 1997 was $1.35 Billion and nine months of 1998 is 1.221 Billion. That is 4.4 times as or 340% higher than 1993. In 1993 it's income only 60 million and in 1997 was 254 million. That is 4.3 times as or 325% higher than 1993. Should be the current stock price of NNC same as the price in 1993? If we think the share price was $95 Can. in 1997 is overvalued I can also say that now $29 Can is much under valued.

Don
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