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


To: thebeach who wrote (7708)11/24/1998 7:35:00 PM
From: tom pope  Respond to of 18016
 
>>Lets have a poll,who thinks the earnings were good,bad or right on target? <<

Right on target, but the market reaction tomorrow will be determined by the reaction to the CC, not by the numbers themselves.



To: thebeach who wrote (7708)11/24/1998 8:04:00 PM
From: Peppe  Read Replies (1) | Respond to of 18016
 
thebeach,

Numbers were adequate. Revenue shortfall a little disappointing, but expectations were handled well.

Huge risk if Global One contract is not given to NN. There's lots of time between now and Dec. 3rd for NT, ASND and CSCO to make some whacky offer and undo this deal.

Without Global One, NN needs to pull a rabbit out of a hat to sustain recent gains.

Haven't heard cc yet, however.

Cheers,

Peppe