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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: WTSherman who wrote (3319)	2/24/1998 10:29:00 PM
From: Ian@SI	Read Replies (2) of 18016

What would cause you to believe that ...tomorrow will be pretty rocky? On the conference call, analysts were polite, supportive and on occasion offered congratulations. TDM business is stronger than indicated earlier. Report matched the earnings warning conference call. Outlook was quite positive. Sales cycle for the ATM switches is progressing as expected. (i.e. - it takes forever to sell the first unit of anything to the major carriers, thereafter boxcar loads of products get exchanged for wheelbarrows full of money) ;-) If anything, I would expect NNC (in Canada) or NN (in New York) to outperform the market somewhat tomorrow. The outlook has changed from gloomy to positive. JMHO, Ian.

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