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Technology Stocks : Newbridge Networks
NN 15.49+6.7%3:59 PM EST
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To: Gary Korn who wrote (7230)11/4/1998 8:35:00 AM
From: Marcus Welby  Read Replies (1) of 18016
 
Dear Gary,
I would appreciate if you could elaborate on the "current tough one" heading on the merril report? If, for any reason, Newbridge misses their quarter, it is not going to be a lot of fun. Many of us, myself included, believe in the quality and long-term value of the company. However, many of us have sustained considerable losses due to its poor stock price performance over the last year. Analysts repeatedly say that they want two decent quarters before they upgrade. First quarter was reasonably good. If we miss on this one, in my view it might be quite a setback re: the stock price.

thanks,
Mark
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