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


To: Tunica Albuginea who wrote (12478)7/30/1999 11:02:00 PM
From: micromike  Read Replies (1) | Respond to of 18016
 
FOCUS-Newbridge falls after rumors denied
biz.yahoo.com
''It threw some cold water on the people who were buying on speculation,'' said Paul Sagawa, telecommunications equipment analyst with Sanford C. Bernstein in New York.

Newbridge has disappointed analysts in five of the past eight quarters missing their estimates.

We have been very generous to these guys,'' one analyst said. ''They have been historically very disappointing