Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeffrey L. Henken who wrote (2294)	10/24/1997 11:45:00 AM
From: Lamont	Read Replies (1) \| Respond to of 18016

Hi Jeffrey. I would not be surprised to see this stock drop to the low 70's or high 60's. Since the last earnings report in August, the stock soared too much to fast (on good news I will admit). None of the contracts that were released however, gave a dollar amount or a time frame that they would impact earnings. The margins are still low on this company and IMHO, the next earnings report will be critical. Hopefully margins and earnings will increase relative to the increase in the contracts.

To: Jeffrey L. Henken who wrote (2294)	10/24/1997 12:04:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 18016

Hi Jeff, I bought and sold NN in the US $42 -48 range couple of months ago and so I missed the recent run up to 69.However having held NN since 94 I am still looking to get in.Watched it closely the last 2 months. Recently ( 2 weeks ) I have been debating when to get in. My concern is the very high PE and what appears to be a tendency by NN to put a lot of their earnings into R&D, which is what got them in the forefront of the telecom revolution but which is not always appreciated by bean counters who look at eps. Also I think that it is highly owned by institutions from the get go who play games as usual. Right now though there is some real concern because of the monetary crisis in Asia an aerea where NN wants to expand. I don't know if the fall out is over yet.Merrill-Lynch feels this will take a few days to play out.So at present making a call to buy NN requires one to have, at least a small one, < gg >, crystal ball.However I am willing to at least listen to what you and other NN threaders have to say. I understand that they are educated guesses so don't wory, spill it out!! < gg >. There is some, thin support level at 54 but any breakdown will take it down to 42-45. Is it possible that as many tech comp have done recently, there may be a fear of eps shortfall, or, that they haven't met their whisper numbers? Once I get back in however I promise not to sell it for a very LONG time, gg. Thanx, TA