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

To: pat mudge who wrote (7587)11/20/1998 11:52:00 AM
From: OrionX  Respond to of 18016
 
Pat,

Don't you think we should also factor in the earnings? How profitable is NN versus the competitors?



To: pat mudge who wrote (7587)11/20/1998 12:29:00 PM
From: Doug  Read Replies (2) | Respond to of 18016
 
Pat: A market exists only because daily perceptions of valuation differ. Because it is not definite, the added sales of $1.40/share is likely to be valued at most at the existing P/S and no more.

Although the DJIA is up, you will observe that NN is trading down as I had projected.

The market decides the Maths. It is good when one can correctly anticipate the result.


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