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

To: zbyslaw owczarczyk who wrote (9400)	2/5/1999 1:36:00 PM
From: Jay Anderson	Read Replies (1) \| Respond to of 18016

Last year the day after the preannouncement NN's stock price on the Canadian market fell 23%. This year it is down only 13.4% so far today. Food for thought.

To: zbyslaw owczarczyk who wrote (9400)	2/5/1999 2:14:00 PM
From: larry pollock	Read Replies (2) \| Respond to of 18016

Last August 1998, you had predicted that NN, on the day of their shareholders meeting, would announce substantive contracts. You also predicted that NN, on that day, would give upward guidance to security analysts. None of your predictions came true. Your predictions last August turned out to be worthless. As I stated previously, an approximation of the gross margin should have been known and made available. By the way, it is difficult to translate your spelling, but expenses, and tax rates do not enter into the calculation of gross margin. The expenses that Mr. Lutz addressed related to SG&A, and probably R&D, both of which are below the gross margin calculation. I did not know that there were so many genius MBA's posting to this site. I am truly humbled by the brilliant, but largely irrelevent, statements made by so many. (Including by myself.)