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


To: Frank Ferrari who wrote (12947)8/24/1999 6:06:00 PM
From: Logain Ablar  Respond to of 18016
 
Frank:

Overnight trades are meaning less. I've seen only a few 100 shares on some stocks (INTC & IBM come to mind) in the past being reported by CNBC. Tomorrow and the next day will tell. It will be the forward guidance given in the conference call and if there are any upgrades. Judging by the press release the forward guidance will be good (but remember CSCO is the master at coming in 1 penny over and that is a reflection of thier ability to curtail (manage) analysts high expectations.

AMAT sold off with better #'s (and a better book to bill) but the stock had run up in anticipation and forward guidance was not as good for next one to two quarters).

JMO

Tim

edit and this was only 1 cent less than CSCO's 18 cents.