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


To: thebeach who wrote (6536)9/15/1998 9:43:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
thebeach,

The answers you are seeking nay be no further than NN's 10Q at:
sec.yahoo.com

I think NN is undervalued, but it's showtime. When a stock dissapoints like NN did in the past, it takes some time for people to regain confidence. Here's what I believe will give NN a short-term boost:

1- LU decides they can't afford Ascned and buy NN instead. (My personal favorite)
2- NN announces major new win (AT@T would be nice)in ATM products that are shipping.
3-LMDS wins in the US with a major band holder.

Other than that, I think NN is fairly safe where it is priced right now. My $.02,

Cheers,

Peppe