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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: LemonHead who wrote (6755)	2/4/1999 1:45:00 PM
From: JZGalt	Respond to of 18928

Can't do any worse than me. I bought some ORB _yesterday_. Down 15% real quick. ---- Dave

To: LemonHead who wrote (6755)	2/4/1999 5:57:00 PM
From: JZGalt	Read Replies (1) \| Respond to of 18928

A gift is about to arrive. Newbridge Networks warned about eps. Stock is off 5+ points in after hours trading. This is dumb. It was trading at $40 less than a month ago and should open around $27 tomorrow morning. Long term picture is intact for this company. If you want a stock to AIM, this is one heck of a candidate. biz.yahoo.com The piece that is important (IMO)... ''The economic slowdowns in Latin America and Asia negatively affected sales of our mature product lines. However, ATM equipment orders increased by approximately 45 percent compared with the preceding quarter, significantly exceeding the historical 10 percent sequential rate of growth in WAN packet orders, and exceeding our short-term ability to fulfill these orders. I remind you that IP + ATM is the Company's long-term growth engine. We could not fully match our available parts on hand to the large upswing in customer demand, preventing us from making up for the economic slowdowns in Latin America and Asia. We enter the fourth quarter with record backlog. Remember LU bought ASND for it's WAN ATM network products and paid a p/e of over 50. NN was expected to earn $1.23 in next fiscal year ending April 2000 or $1.12 looking ahead 12 months. The 200 day moving average at $25. At $25 you are talking a forward p/e of 22. This stock was brushing $40 less than a month ago when it was touted as the next takeover in the industry. At that point it reached a forward p/e of 35... Projected 5 yr eps growth rate is 26%. So you have a high beta stock that is very unlikely to go out of business and a relatively high growth rate in the telecommunications arena and one of the largest publically traded companies in the fastest growing segment in that market. Duh! ==== Dave