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Technology Stocks : Newbridge Networks

NN 16.83

-1.4%

Dec 29 3:59 PM EST

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To: notredame who wrote (4357)	5/4/1998 2:33:00 PM
From: Jeffrey L. Henken	Read Replies (2) of 18016

NN's big day has nothing to do with the moves in the other networkers which is pitiful at best in comparison to what NN is doing today. FORE for instance received an upgrade from DLJ today and they are actually trading lower. As for past quarters with NN it's been forever and a day since we beat estimates. Even on the way up to nearly $70 US NN was not beating estimates. What they were doing was showing outstanding revenue growth. Now with earnings estimates really so much lower than they used to be it could actually happen. Today's move is all about anticipation over NN's InterOp participation. It could be a really BIG SHOW! Breaking through $30 was tremendously important to keeping the stock higher. We are there and I hope we stay there. Regards, Jeff

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