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


To: schlep who wrote (12966)8/25/1999 11:03:00 AM
From: pat mudge  Read Replies (1) | Respond to of 18016
 
Schlep --

I like your thinking and would expect analysts to release any upgrades based on valuations not earnings estimates. I would also expect some to wait for the IP initiatives before issuing any changes. Once the company's positioned itself in the IP market --- where perceptions are gold --- they'll justify higher valuations based on the growth in that sector.

Alan's hinted news is imminent. I asked one friend what that might mean and was told 48 to 72 hours. I have no idea if he knows or if he pulled it out of a hat.

I'm confident we'll begin to see growth based on renewed confidence and a willingness to confer the valuations we know the company deserves.

And --- in all the excitement of yesterday's good report --- I forgot to thank all the NN employees for their fantastic work. Without their dedication and talent none of us could celebrate the turnaround and what it portends for everyone involved. A sincere thanks to each and every one!

CNBC just mentioned NN but Joe and the other guy got sidetracked and left the chart on the screen without further comment.

Okay, what do you think --- can we hit 50 by the AGM????

Cheers!

Pat