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: nick cash who wrote (2408)	11/5/1997 8:34:00 PM
From: Glenn McDougall	Read Replies (1) \| Respond to of 18016

I understand your comments and agree with several things you said, however please complete your thoughts about the company and where you see the stock going short medium and long term if you would. thanks in advance glenn further what do you think NN needs to do to get back on track? The UB problem? How do you think they compare to the other network co's? What should they do with the Broadband sale? Is it true that they have the right to match any offer for the company? Will the 3com link provide help, if so when? Has Cisco become the microsoft of the networkers? Nick, I am not a tech guy but one with lots of questions, can you help? A side note, I do enjoy the posts by you and hope that they will continue. :-)

To: nick cash who wrote (2408)	11/5/1997 8:34:00 PM
From: Serge Collins	Read Replies (1) \| Respond to of 18016

Nick; Although your frustration is palpable, everything you said is right on the money. To blame the analyst(s) is absurd as every investor should do their own homework on stocks before making any investment. I personally believe that William Rabin and other analysts were blindsided, as was mentioned in a previous post. There is simply no way that he would have put out a buy recommendation had he known what we now know. People who think that these conspiracies exist are not serious investors for they would be aware that no analyst would impair his or her reputation with that kind of shenanigan. It is my belief that Mr. Rabin was mislead as were other analysts and you are correct in pointing out that this is one of the reasons this stock did not clawback some of its loss. The analysts that work at the big houses like J.P Morgan are always very astute, intelligent and honest individuals. No folks, the problem here lies elsewhere.

To: nick cash who wrote (2408)	11/5/1997 9:36:00 PM
From: randy kay	Respond to of 18016

Nick - I totally understand your frustration, however, (yet) another lesson learned: DON'T SPEND 'TOO' MUCH TIME ON SPECIFIC THREADS!! there is just too much euphoria! It's a damned tough lesson but charts don't lie!! I used to get mad at 'hit and runs' but not anymore, my tune has changed and I finally understand their thinking (only after paying through the ^#@\& for it) Lots of other places to make money, don't ever be a sucker. As for NN, it will have it's day but it's day is not now. Randy

To: nick cash who wrote (2408)	11/6/1997 1:50:00 AM
From: Mephisto	Read Replies (2) \| Respond to of 18016

My Goodness, I've upset you < collusion conspiracy heories between analysts from different firms? give me a f#$%ing break.> Hey, I believe there are people in any firm who will do absolutely anything to make money. Look at the fellows--the big timers--the Kings of Junk Bonds who went to jail. That wasn't so long ago. If I look at the newspapers closely enuf for a few weeks, I'll probably find other instances of illegal activity among investment firms. The New York Times mentioned a firm either this week or last week that engaged in illegal activity. I don't remember the name of the firm. Others might. In the case of NN, I agree that it is highly unlike that the firms got together to pull one off on NN. But to ignore the possiblity is naive. A few weeks ago, Louis Rukyser asked a guest what an investor should think about an analyst who works for a firm that has a financial interest in the company. The guest's response was: take your chances because it is unlikely the analyst will say anything negative about the company. My own feeling is that analysts are as biased as anyone else because they are human beings. You say:"my idea of a useful and worthwhile forum is one where people post stories/links about the company/industry that others may not be aware of. it's one where everyone has at least done rudimentary homework on the company to avoid the dribble that is 90% of si posts now. finally, the members would be sophisticated enough to know by now that emotions have no place in stock decision making." You have a good idea. So tell us post some stories & links that you believe are important. On one account, I think you are wrong: "members would be sophisticated enough to know by now that emotions have no place in stock decision making. Human beings are emotional. It is part of our nature. You show your emotions in your opening paragraph: <i cut my nn holdings (by 60%) north of $60. i'm pissed as hell that i didn't sell the rest as it still represents roughly 10% of accounts and i KNEW the stock was ahead of itself. do you want to know whose fault it is...........? IT'S MINE. Your response sounds pretty emotional to me, Nick. Also, your belief that the stock is ahead of itself is as subjective as it is emotional. Who would ever have thought that NN would climb so high so fast? I'm not particularly upset about NN's warnings about earnings. It's not exactly a secret that NN has been having trouble with LAN. On the other hand, how important is LAN to NN's success? We focus on Lan but we forget that the orders for ATM have increased significantly. When we look at NN & Lan, could it be that we focus on a weak tree in the forest and neglect the overall health and prosperity of the forest. I'm sorry you are unhappy you didn't sell your NN shares. I have no regrets about my positions. I respect your opinion. I will not flame you cuz that's kid's stuff. An investor is lucky if he/she can time the market successfully. Most of us aren't so fortunate. I think many investors realize that there is always risk & ultimately, they have to accept responsibility for their decisions. I've bought & sold & bought & sold NN. I didn't ask anyone, apart from a friend, b4 I made my decisions to do so.

To: nick cash who wrote (2408)	11/6/1997 4:47:00 AM
From: Herb Duncan	Respond to of 18016

I agree, I dont take issue with anything you've said, but please be forgiving af those who are not vigilant all the time(we are human) and of those who are learning. Which puts all of us there at one point or another in our lives.

To: nick cash who wrote (2408)	11/6/1997 8:46:00 PM
From: 4finger	Respond to of 18016

I don't want to sound like the patron saint of analysts, but IMHO, I think it's an overstatement to suggest that they are useless. I agree you should ignore that little line that says buy sell hold or whatever, but you can extract some decent info upon which to base your investment thesis. Hell even just playing the consenus momentum game can be useful. Give em hell!

To: nick cash who wrote (2408)	11/14/1997 3:28:00 AM
From: starpopper	Read Replies (4) \| Respond to of 18016

DAMN this thread is full of junk!!! I've made nice $$$ in NN a few years back but had bought into the "ATM is Dead" mantra and made out like a bandit in MRVC and other non-ATM networkers for the past 2 years. Recently, I've begun to believe that ATM is not dead just stalled for a while and about to come to life in the next 2 years! And checking out NN's performance since the beginning of the year I'd say I'm not alone! After digesting over 700 posts of the more than 2000 "new" I had listed with this bookmark, I have to totally agree with Nick...garbage, rah-rah's, and novices have taken over this thread! From my quick analysis, NN is way ahead of itself even at these levels ($44)! A current p/e of around 68 while expected to grow at 22% in '98 and 40% in '99 is ludicrous, especially considering they turned in FLAT numbers recently!!! With about 18% of revenues coming from Asia their numbers are going to be under extreme pressure for AT LEAST the next year because of the competitive devaluations taking place over there! I suspect those flat numbers are a direct result of the enormous headway that GE has garnered! Why isn't NN considering acquiring a GE type networker in order to capitalize on the expanding technology and position itself to upgrade those products SEAMLESSLY WHEN ATM finally sees the light of day!!??!! Is their strategy simply to hold the line until their day comes? If that is the case, they just might get leap-frogged by these pesky startups and that 800lb gorilla named Cisco!!! Maybe they are waiting for that 5 ton dinasaur INTEL to make its' splash in networking! "INTEL INSIDE" works VERY well! Can you imagine what kinds of headaches NN would have if Intel bought FORE and exercised their MRVC options!!??!! I see me getting back into NN BELOW $32 in the NEXT 4 months!!! For you long-termers, not to worry...this stock will hit $100 by 2000!!! Also, when the hell are they going to get a clue and relocate to the good ole U.S. of A.!!! Please let me know if my analysis is missing anything, and I apologize in advance for pouring water on some of you...but these are critical times that require unbiased analysis and comprehensive insights into the macro and micro fundamentals of a specific stock, its' industry, and the Market in general!!! $weet Dream$ Starpopper