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


To: Doug who wrote (5123)6/12/1998 3:47:00 PM
From: Chris Stovin  Read Replies (2) | Respond to of 18016
 
RBC Dominion Securities Morning notes for June 12, 1998. Note that the price in brackets must be a typo...I hope it is and not a projection!!!!!!

NEWBRIDGE NTWKS (NNC $3.00)
----------------------------------------------
Yesterday's $200 mln ATM order from Energis an encouraging
sign that (a) NNC is growing in this area and (b) that
progressive CAPs and telcos are still keen on ATM. NNC's

valuation has drifted well below its peers. BUY(2) 1 yr tgt
$50.00
(B. Mikula)