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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: j g cordes who wrote (16259)	6/2/1998 3:16:00 PM
From: Johnny Canuck	Read Replies (1) of 68456

Jim, An analyst on the CBC (Canadian Broadcasting Corporation) Business World gave NN a poor review this morning. He is expecting 13 cents for the Q with no surprises . He was especially concerned about declining margins and the decline in TDM business. He pointed to the fact that they have no presence in the LAN space to speak of. In his opinion you have to be a one stop source of network solutions to succeed. In his opinion the stock was fully valued. I did not agree with all this points, but if this is the prevailing mood of most analysts NN is in for a rough ride unless they soundly beat estimates. Harry

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