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Technology Stocks : Newbridge Networks
NN 14.66+0.8%1:02 PM EST
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To: Ian@SI who wrote (4399)5/6/1998 8:57:00 AM
From: notredame  Read Replies (1) of 18016
 
I think we should open strong this morning. Reasons:

1. S&P futures are up 3 at 8AM
2. CSCO beat estimates on strong revenues
3. Warm fuzzy feeling from InterOp
4. More details on the T deal, which looks a lot more lucrative than NN had indicated yesterday in their press release.

Just as a side note, lets count how many of those lousy analysts change their rating. I am counting 1 (CIBC Wood Gundy). Lets track their ratings. Last I checked, RBC had NN rated a hold and they have the number 1 guy according to Brendan Wood.
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