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


To: WTSherman who wrote (3319)2/24/1998 10:29:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 18016
 
What would cause you to believe that ...tomorrow will be pretty rocky?

On the conference call, analysts were polite, supportive and on occasion offered congratulations. TDM business is stronger than indicated earlier. Report matched the earnings warning conference call.

Outlook was quite positive. Sales cycle for the ATM switches is progressing as expected. (i.e. - it takes forever to sell the first unit of anything to the major carriers, thereafter boxcar loads of products get exchanged for wheelbarrows full of money) ;-)

If anything, I would expect NNC (in Canada) or NN (in New York) to outperform the market somewhat tomorrow. The outlook has changed from gloomy to positive.

JMHO,

Ian.



To: WTSherman who wrote (3319)2/24/1998 10:36:00 PM
From: Ed Frye  Respond to of 18016
 
Hi GWM-

Write-off = ~1 year's earnings @ $1.00/sh.

The only saving grace is they have already taken this stock down from 70 to 22. Therefore, those that haven't sold by now, are probably in for the long haul.//ed