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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (16259)	6/1/1998 4:34:00 PM
From: Johnny Canuck	Respond to of 68399

Hi Jim, >We're counting on you for NN being a good play here! I am afraid I don't have a good feel for how the Q shaped up for them. I haven't paid much attention to them recently. I am long a bunch of shares though from the time just after they originally tanked. Hopefully, we won't need luck tomorrow. My general senseis ATM is not quite the big story it once was. We are now in the show me phase. This is no longer an emerging technology. ASND is doing a pretty good job of competing with NN and their other product lines are competitive and growing. NN needs to show that they are back on track to growth in all their product lines not just ATM to get back the respect of the street. Hopefully they managed to stop the bleeding in their TDM lines. The downside should be limited if the reaction to the downgrade by the analyst that called the miss last Q is any indication. . I am looking at INTC for a dead cat bounce. I haven't decided if I will enter tomorrow or not. Harry

To: j g cordes who wrote (16259)	6/2/1998 3:16:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68399

Jim, An analyst on the CBC (Canadian Broadcasting Corporation) Business World gave NN a poor review this morning. He is expecting 13 cents for the Q with no surprises . He was especially concerned about declining margins and the decline in TDM business. He pointed to the fact that they have no presence in the LAN space to speak of. In his opinion you have to be a one stop source of network solutions to succeed. In his opinion the stock was fully valued. I did not agree with all this points, but if this is the prevailing mood of most analysts NN is in for a rough ride unless they soundly beat estimates. Harry