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


To: Bill who wrote (7092)10/23/1998 1:03:00 AM
From: pat mudge  Respond to of 18016
 
Aren't many also concerned about NN's dependence on legacy TDM products? Seems to me a choppy market for those products globally has contributed greatly to the non-linearity of earnings.

Exactly. It's the fact they're choppy that drives them nuts. These analysts want consistency and predictability. When they get their clients into a stock, they don't want surprises --- at least not on the downside.

Pat