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


To: larry pollock who wrote (9396)2/5/1999 1:21:00 PM
From: cann11  Respond to of 18016
 
I thought it would be an ugly day , doesnt seem that way !!People talk talk talk ! THis will be back up before you even know it !!



To: larry pollock who wrote (9396)2/5/1999 1:26:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 18016
 
Larry,

Your lack of financial education is showing.

The quarter closed about 3 business days before the earnings warning press release was given.

Unless NN has the world's most efficient accounting process (which I strongly doubt), they just don't have the final numbers at this point in time. Nor would any other company of NN's size or larger be able to give a precise GM number.

The responsible way to communicate is precisely what Alan Lutz did last night. Advise that he didn't know, advise why he didn't know and advise when he will know and divulge the info.

I'm delighted to have AL and KW handling NN's financial communication rather than you. To say the very least. :-)




To: larry pollock who wrote (9396)2/5/1999 1:29:00 PM
From: zbyslaw owczarczyk  Read Replies (2) | Respond to of 18016
 
Larry, you statment is worthless(why?)
Let do the calculation:
a)ravenue 450
b)expences 193,down in single number(ref.cc)from 199
c)tax on results from operations 30%
d)overall tax for this Q will be higher due to gains(affiliates)
e)currency 1.51
flat margins 58.5%!!!

450x0.585=263.25-193=70.5(income before tax)
70.5x0.7=49.2 after tax
49.2/180 sheres=0.27Can/1.51=0.18US!!! as they stated in press releases

Still gains from affiliates may only lower overall eps.

Zbyslaw