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Technology Stocks : Newbridge Networks
NN 15.70+5.2%Jan 16 3:59 PM EST
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To: Rob C. who wrote (11675)6/1/1999 6:42:00 PM
From: Serge Collins  Read Replies (1) of 18016
 
Let the numbers do the talking. Margins are down year-to-year and quarter-to-quarter, and that can't be explained away so easily. And what about this CND$74 million restructuring charge? There was no mention of that last month. It seems that NN does nothing but restructure. Last it was CND$180 million, this year another CND$110+ million.

Of course, when you add it all up, this was not even a profitable quarter, but one with a substantial loss.

Give it six months and see if it finally starts turning around by then.
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