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


To: thebeach who wrote (5756)7/27/1998 7:48:00 PM
From: Jack Colton  Read Replies (1) | Respond to of 18016
 
Hey, my limit buy at 20.25 kicked in today. I've got a bunch more now. I hope we do better tomorrow. It is hard to imagine NN going back into the teens.

jack



To: thebeach who wrote (5756)7/28/1998 12:06:00 AM
From: Peter Moss  Read Replies (1) | Respond to of 18016
 
"This company is behaving like one which is about to go slowly under..."

Huh ? 1B+ in revenues, revenues going straight up for the
last 6 years !!

If you judge the performance of the co. based on the stock price
fluctuation, then I wish you luck. You will be squeezed by MMs
every single time. Take a look at the intraday stock indexes
charts... The C$ should rebound soon and with it the TSE.
C$ is oversold, so are Can. stocks. But what do I know ?
(MMs can short sell the s... of C$ to bring it below 0.6 by the end
of summer...)

NN will rebound. Unless we get a warning tomorrow :-) Just kidding.

PS. EPS: 0.9, PE 35

I don't know about you, but I know tech. companies with revenues 1B+
that trade well above 35 PE.



To: thebeach who wrote (5756)7/28/1998 12:44:00 AM
From: mariner  Respond to of 18016
 
Beach
Only a couple of months ago (ie. leading upto latest quarterly report) you were a screaming bull on Newbridge. Why the change of heart?



To: thebeach who wrote (5756)7/28/1998 2:05:00 AM
From: pat mudge  Respond to of 18016
 
Pat, I know you mean well but take a look and you will quickly see we are in dire straits.

Your Dire Straits is my Loademup Sound. Alan Lutz will reveal the company's plans tomorrow and the Street will be listening. They would be remiss if they loaded up before studying the map, but if they like what they see, they may begin to buy. No doubt some will wait till after earnings --- 28 more days.

Night --

Pat