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

To: Luc Glinas who wrote (3289)	2/23/1998 9:31:00 PM
From: Chris Stovin	Read Replies (2) \| Respond to of 18016

Its really hard to call...I think they tend to overstate the bad news in an early warning so that when the real news comes out it doesn't sound that bad...of course that's what I would do....so most likely what will happen is the opposite.. My Guess: As far as I know, the only fact that we are not aware of is the amount of the write down for UB Networks...we already know it isn't good, so a lot of the downside is already built in... the low on the earnings warning was around $26 Canadian...If the news is worse the stock will target $26 possibly slightly lower.. and settle back up around $29 for a few weeks. If the news is as expected with a positive slant I think the stock will move back up to $34/35 Canadian and float around that for a few weeks. Just a guess for something to do...Nothing says I can't have fun when I'm losing money :.)