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

To: Stam who wrote (11346)	5/9/1999 8:36:00 PM
From: Ginco	Read Replies (1) \| Respond to of 18016

Stam,I think your you're worried.Your last post was a panic post.

To: Stam who wrote (11346)	5/9/1999 8:42:00 PM
From: Stam	Read Replies (1) \| Respond to of 18016

Here is a recent report from S&P Marketscope NEWBRIDGE NETWORKS CORP - NN Report Date:05/05/99 Time:08:00am designs, makes, markets and services a comprehensive family of networking products and systems that enables customers in more than 100 countries to access the power of multimedia communications. STARS Ranking: 2000 (Apr.) EPS estimate $1.44 FY 1999 (Apr.) EPS estimate $0.92 FY 1998 Reported loss -$0.10 Tel.# -- 613-591-3600 5/5/99 7:55 am... DOWNGRADING NEWBRIDGE NETWORKS (NN 37) TO AVOID FROM HOLD... Preannounces Q4 FY 99 (Apr.) EPS of US $0.12 to $0.14 vs $0.22 Street estimate... Second straight EPS shortfall... Total sales up 16%, but $100 million below our est... Shortfall result of poor supply- chain management, lack of capacity... Demand was strong as orders for WAN products up 30% from Q3, but NN couldn't fill orders... See difficult transition while problems addressed, could lead to lost customers as orders become delayed... Cutting FY 00 est. US$0.16 to US$0.94 (C$1.44).. Shares of unpredictable co. expensive at 39X. /M.Cavallone