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Technology Stocks : Newbridge Networks
NN 12.29+0.4%10:15 AM EST
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To: Serge Collins who wrote (7695)11/24/1998 5:26:00 PM
From: Doug  Read Replies (2) of 18016
 
S.C: At post 36896, I had posted that sales would need to be ramped up by near 15% to meet the 19c target. Following that, many stated, that the Sales figure posted was excessive and that they would breeze thru on less.

As it happens , NN's revenue had to be pushed to record levels to achieve the earnings; profit margins have declined due to competition.

All in all; a good report but not enough for a take off.
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