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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?


To: Beachside Bill who wrote (804)3/12/1998 1:17:00 PM
From: SteveG  Read Replies (1) | Respond to of 1181
 
[offtopic] BT Alex. Brown Ups Newbridge Networks To Buy / Had Rated Newbridge Networks Mkt Perform

BTAB networking analyst Michael Gordon had the following to add to his upgrade today. These are condensed comments from this morning's call:

-TDM business has stabilized
-China continues to be stable
-36170 continues to do well
-new products and contracts coming
-UB damage over
-valuation compelling and estimates have bottomed
-maintaining estimates FY98 of $.41 and FY99 of $1.00
-12 month $35-40 price target



To: Beachside Bill who wrote (804)3/12/1998 7:40:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 1181
 
Gary, I agree with you about the overall percentages. I am a ST term trader. It
really depends on your point of reference. Just noticed your post about Newbridge
and had to respond.

The only point being, somebody has been buying the loser recently.


True. I did. However this doesn't change the fact that the company is definitely having it's troubles. I simply means that I believed that enough investors would buy-in given the valuation relative to the goodwill the company currently has. Good luck on your short term trades. BTW: did you pick up NN?

Gary