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

To: Doug who wrote (11093)5/4/1999 4:45:00 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 18016
 
Could I ask the collective wisdom here for an explanation? According to the announcement there was over $100M in unfulfilled sales from the last quarter because they couldn't get stuff out the door. When that stuff finally ships, into which quarter's results do they get counted? Do the previous quarters results get restated, or are they piled on to the current quarter?




To: Doug who wrote (11093)5/4/1999 4:46:00 PM
From: Greg Spendjian  Read Replies (1) | Respond to of 18016
 
Maybe US$30. Doubt very much it will be C$30 as you predict.



To: Doug who wrote (11093)5/4/1999 4:46:00 PM
From: Frank Ferrari  Read Replies (2) | Respond to of 18016
 
This is without a doubt the best quote I have ever read in an earnings pre-announcement.

"We carry significant backlog into the first quarter, but temper our
enthusiasm for that quarter with the humility that comes from the experience of this pre-announcement."

You gotta luv Lutz regardless of the supply issues. I may buy again tomorrow just because of that quote.

Frank


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