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Technology Stocks : Newbridge Networks
NN 16.41-1.7%Dec 12 9:30 AM EST

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To: Sami Khoury who wrote (5925)8/12/1998 2:55:00 AM
From: Sultan  Read Replies (1) of 18016
 
I noticed that NN reports all their numbers in canadian dollars and then apply going foreign exchange rate for the quarter to translate and report US numbers.
Net earning last qtr. was .18 canadian and .13 US, exclusive of charges, I think.

Questions:

1) Does any one have any idea as to whether their products are priced in US dollars for US and international markets ? ot is it US$ which gets translated to C$ for reporting purposes.

2) For the coming qtr. estimate is for .14 (US $, I presume). If they price and collect in C$, that would have some foreign exchange impact on their qtrly numbers.

Comments ?? Is this worth persuing.
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