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


To: Tunica Albuginea who wrote (4857)6/3/1998 3:08:00 PM
From: Thomas Scharf  Respond to of 18016
 
Yesterday's Sprint announcement has great significance far beyond the principal participants in that deal. Sprint has broken the log jam of indecision about digital backbones in the telecommunications industry. Look for everyone else from ATT, MCI, & the Baby Bells to local ISP's to be upgrading their networks to ATM in the next few years. NN will get it's share of this business.

During the California gold rush, were the people who consistently got richest were those who sold mining supplies and food to the miners, not the miners themselves.



To: Tunica Albuginea who wrote (4857)6/3/1998 3:16:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
Tunica, I'm curious, do you own any other stock ? Any other network stock ? I can see you don't like CSCO but what about ASND, BAY,NT,LU ?

What's your connection to NN? Do you work there ? You're obviously buying into everything TM says. Does the fact that NN dropped $ 4 today after "making" their number disturb you ? How do you explain this ? Are all analysts dumb ?

Just a few questions that popped into my mind when I read your post.

Peppe



To: Tunica Albuginea who wrote (4857)6/3/1998 4:48:00 PM
From: Doug  Respond to of 18016
 
T.A: Thx for your note. I do appreciate and concur with your reasons for a long term hold.

I was more interested to know your 6mth expectation given todays price and those forward earning estimates. Since NN carries a high beta gene, it is likely that todays roller coaster price action will be repeated. It would seem prudent to anticipate that point.