SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: pat mudge who wrote (6916)10/8/1998 3:28:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 18016
 
Pat,

Thanks for the update.

<Casse des Depot [phonetic spelling, don't know the co.],

I believe Caisse des Depots is one of Quebec's largest financial institutions. I hope they become keenly interested in NN.

Now, if we could shove Mr. Starr down a sump hole,...

Isn't any place where Mr Starr is, automatically a sump hole? :-)

To better days,
Ian.



To: pat mudge who wrote (6916)10/8/1998 4:18:00 PM
From: Doug  Respond to of 18016
 
Pat: Many thanks for that welcome post. In light of the discussion, the $460m makes much better Accounting sense and is a relief. As there was the expectation that NN will reach $5b by 2002 ,I felt they might be more focused on Revenue. This led to a higher number.

Todays bounce of the low for the DJIA was a positive. With the PR doing their stuff later this week , we should hopefully start a recovery.



To: pat mudge who wrote (6916)10/8/1998 5:17:00 PM
From: MD Bryant  Read Replies (2) | Respond to of 18016
 
Pat, I hope they do indeed come in at $458mm or above to meet consensus, but it doesn't hurt to do a bit of number crunches.

$458mm would perhaps suggest less reduction in the SG&A. Be nice to see both.

Funny thing about the whole back & forth is you speak of tea leaves and Doug crawls behind the rock and concurs. I make an analysis and holes are shot throught it.... go figure.

Good discussion none-the-less.