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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 3:19:00 PM
From: pat mudge  Read Replies (1) of 18016
 
Zbyslaw --

Great article. I couldn't have said it better myself.

Todays lots of big blocks 30-50k and alreagy over 1mil shares traded.Average est.eps : current .82.With NN quidence regarding gross margin, expences and tax NN need to make only 426 mil each Q (Q1 was 426) to make this number.So even without growth for the reast of the fiscal year thay can make their numbers.Now you see how conservative thay are.That is very good!

Thanks for posting the blocks. I'd heard there was new interest as a result of the Boston investor's conference and this would seem to confirm it.

Pat

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