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 (2359)	11/3/1997 11:47:00 PM
From: Serge Collins	Read Replies (2) \| Respond to of 18016

It's quite interesting that the J.P. Morgan analyst who upgraded Newbridge, William Rabin, did so after a very marginal increase in his per share estimates for both 1998 and 1999. The '98 estimate goes up $0.04 per share and the '99 estimate goes up $0.01 per share. This is hardly the sort of improvement that warrants an upgrade. It's this kind of nonsense that has made this stock a favorite of the trading crowd. Put me down as cynical.

To: Jeffrey L. Henken who wrote (2359)	11/4/1997 12:40:00 PM
From: Larry Forsyth	Read Replies (1) \| Respond to of 18016

Jeff, Looks like the market looked backwards again. People came to expect the same growth Q after Q that NN experienced a few years back. Growth is there, but perhaps expectations are a bit too high? Seems like there are a bunch of ANALysts who don't really understand the business, and just suck a number out of the air. If NN doesn't get there, you get a today like today. What gives? bet there's a lot of ankle-grabbing going on today...