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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Jan Johnstone who wrote (12392)7/27/1999 12:09:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 18016
 
Jan, " this may be the start of run up before eps " . I agree. So far stock is moving up gradually on small volume.That's good.There are some intraday dips here and there as they are trying to shake off as many hands as they can. We are ultimately heading to 32+ $US IMHO.Any additional good news wouldn't hurt IMHO also. I am resisting trading this stock right now because in what appears to be an uptrend this is how the stock can get away from you, and loose money,

TA

This may be the start of a run-up before the current quarter(July) ends this week.
Earnings expectations have already been revised down for this quarter, this is why
there haven't been any warnings.

There may even be a chance that Newbridge will beat(Huh ????) the expected
earnings since they have already been revised down to .16 cents from .22 cents.

I think we'll see $45 cdn. by weeks end(also end of current fiscal quarter).

Jan