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

To: James Chan who wrote (2352)11/3/1997 2:08:00 PM
From: Maple Leaf  Read Replies (1) | Respond to of 18016
 
Nortel offers to buy Broadband Networks of which Newbridge owns 13% the article is at

biz.yahoo.com

Ray



To: James Chan who wrote (2352)11/3/1997 2:23:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 18016
 
I think the earnings figures are conservative. If I am right then the $70 price will be conservative as well. However there is always much less risk buying into the correction than the bounce back. I look at analyst upgrades as selling opportunities. But as you know I like this stock and the company as a long term holding. You should be fine. You just could have got those contracts cheaper last week. Regards, Jeff


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