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

To: j g cordes who wrote (6051)	8/20/1998 9:51:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 18016

Jim, Not to my knowledge. The Canadian Bears have been pooh - poohing the announcements, saying that these sales were already in the estimates given analysts long ago. IMO, that comment is ridiculous. Nobody belittles CSCO, NT, LU, etc. for their press releases of business that was also included in their estimates to analysts. NN is delivering on its promise. I have every confidence that within the next year, we'll see a substantial increase in earnings growth and / or analysts estimates exceeded. ... unless of course, our friend MacLellan substantially raises his estimates while lowering his recommendation. Press release containing the analyst comments is on Yahoo news now. I still feel the time to buy is when the analysts are bearish - it's the only chance we have of getting in prior to their favourite clients. Of course, one does have to like the stock for valid fundamental reasons. Regards, Ian.