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To: Brian Malloy who wrote (12739)	11/3/1997 7:17:00 PM
From: Sonki	Read Replies (1) \| Respond to of 27012

NEWBRIDGE NETWORKS CORP. (NN) 58 5/16 +5 5/16. Shares of networking products and systems company have certainly more than benefited from an a positive rating from JP Morgan as the stock is bouncing from the low $50s experienced during the tech sell-off last week. Today, JP Morgan Securities initiated coverage of the stock with a "buy" rating and a $70 price target. This, couple with the more positive view of the tech sector has helped the stock move higher today. The stock is still trading more than $10 below its high of $69 3/8 reached in early October, but the support for this stock seems to be more positive as more than 1.06 million shares have already traded hands. Based on earnings expectations by First Call of $1.37 for fiscal 1998 and $1.88 for fiscal 1999, the stock is currently trading at 42 and 31 times, respectively, projected earnings, which appears to be in line with top line growth of 49% for the past year and 50% during the past five years. However, earnings for the next couple of fiscal years are only projected to expand by 29% in 1998 and 37% in fiscal 1999. The price target that JP Morgan has established for this issue fits well with the longer-term sales trend, but leaves the stock a bit pricy based on earnings growth projetctions. ======================================================= what do u think of NN ======================================================= thx for i2(internet2) post. i don't have attention span to play calls. i m thinking of selling idx calls when i break even. i m working too hard and need to slow down some and calls keep making me work hard... along w. job and can hardly keep up w. family and exercise etc... over the weekend i had figured if i bot cpq at 62 and i could sell leap at 20 thus giving me 33% profit from here to jan.99. what do u think of that? almost guranteed 33%? why pay attention to the market. anyway, i got up and the market was too high, any way picked up 1k cpq.

To: Brian Malloy who wrote (12739)	11/3/1997 7:30:00 PM
From: Sonki	Read Replies (1) \| Respond to of 27012

Brian, csco is NOT cheap.... watch it w. the calls. great company but not cheap. i agree w. the following written by breifning CISCO SYSTEMS (CSCO) 83 7/8 +1 27/32. Shares of leading computer networking concern continue to make-up ground, one week after the stock was badly beaten up as the market sentiment ran indiscriminately against tech stock following the collapse of the Asian markets. Last week, this issue traded as low as $68 a share, before some investors came to their senses and started buying the stock. Since last Tuesday, the stock has made up most of its losses as the issue trades less than $2 below its high of $85 1/4. The stock has recently received a boost from the Big Money Poll Survey conducted by Barron's in which the stock is listed among the Most Favored Stocks by money managers. In addition, the company is due to report its fiscal 1Q results tomorrow and, according to the First Call median, Cisco is expected to post a profit of $0.58 a share, excluding an acquisition expense of $0.08 to $0.10 a share. In the year-ago period, the company had a net of $0.47 a share, excluding a $0.05 asset sale gain and a $0.26 acquisition expense. It earned $0.55 a share in the preceding quarter on revenues of $1.765 billion. While the stock has held up so far going into its earnings release, some profit taking may emerge in the next 24-hours as some investors may prefer to step to the sidelines, given how poorly the stock was treated last quarter when the company met market expectations, but came in shy of the so-called "whisper number." This time around, there are not too many expectations beyond the consensus, which should prove positive for the stock if the company can match expectations. Chart 13:15 ET ****** CHEAP STOCKS: The market's recent volatility has sent a long list of tech stock names spiraling lower over the past two weeks. And while many sectors and individual issues have quickly recaptured some or all of the gains lost over this period, others have simply been left out of the recovery. A lack of a rebound in these particular stocks -- most of which happen to be small-cap names with little visibility and low volume -- appears to have left a buying opportunity for those investors who are willing to assume the considerable risk that typically accompanies opportunities for robust short-term gains. Our favorites are oilfield services concern Unifab Intl (UFAB); circuit board assemblies company Jabil Circuit (JBIL); document management systems company Imnet Systems (IMNT); and casino operator Anchor Gaming (SLOT). Instead of baiting you into these stocks with our opinions on why they offer good prospects for handsome near-term appreciation, we would rather see you come to the conclusion yourself; after all, its your money that's being put on the line. In order to assist you in this venture, a link to the latest information and analysis on these issues has been provided. JBIL---UFAB---SLOT---IMNT