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Technology Stocks : Newbridge Networks
NN 11.91+4.8%12:46 PM EST

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To: zbyslaw owczarczyk who wrote (6894)10/7/1998 1:20:00 PM
From: MD Bryant  Read Replies (1) of 18016
 
Zbyslaw,

they need to do a bit better than first quarter. Q1 produced .14 per share in earnings.

Subtract that from the .82 consensus for the year, and they need .68 over the next three quarters - or an approximate average of .23 per quarter. There is no doubt in my mind they will meet the consensus with the contracts they are pulling in. (assuming cancellations or deferred orders don't happen)
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