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Technology Stocks : Newbridge Networks
NN 13.98+0.9%Nov 26 3:59 PM EST
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To: fumble who wrote (9335)2/4/1999 7:42:00 PM
From: pat mudge  Read Replies (3) of 18016
 
I do agree that it was a disappointing announcement and one that did shatter the image of steady upward momentum..



It was disappointing, but straight forward. They could have squeezed other areas just to make up the 5 cents and chose not to. TDM has been lumpy and it's no great surprise it still is. With the backlog in ATM orders, I don't see the report as terribly negative.

I don't know where the stock will bottom, but I fully intend to be there when it does.

Pat
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