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

To: Rob C. who wrote (11675)	6/1/1999 6:32:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 18016

Listening to the conference call, I'm confident the supply chain problems have been lessened and will be fully resolved on scheduled. Alan confirmed that he's quite comfortable with Analysts estimating $2.2B revenues for FY00. That's almost $0.5B more than current annual revenues. ... and 10% above Goldman Sach's current estimates. I smell a GS upgrade coming. And I'd put infinitely more weight on that than any whining by the NN bears on this thread. Regards, Ian.

To: Rob C. who wrote (11675)	6/1/1999 6:42:00 PM
From: Serge Collins	Read Replies (1) \| Respond to of 18016

Let the numbers do the talking. Margins are down year-to-year and quarter-to-quarter, and that can't be explained away so easily. And what about this CND$74 million restructuring charge? There was no mention of that last month. It seems that NN does nothing but restructure. Last it was CND$180 million, this year another CND$110+ million. Of course, when you add it all up, this was not even a profitable quarter, but one with a substantial loss. Give it six months and see if it finally starts turning around by then.