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Technology Stocks : Newbridge Networks

NN 13.69

-2.5%

Dec 2 3:59 PM EST

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To: Robert who wrote (11430)	5/11/1999 1:51:00 PM
From: Bruce Evans	of 18016

Looking at the charts, anyone can see it that anyone who has made good money in NN in the last three years has done so by getting in and out at opportune times. But, I don't think it will help you to analyze the company to look back, because the money and effort wasted (as it turned out) trying to succeed in the enterprise space with VIVID and UB were huge mistakes with equally huge effects on the company as a whole. If you think they were stupid mistakes, then clearly, you aren't going to like Terry and the rest of management. In my opinion, getting into the enterprise end of things was logical, but they threw good money after bad for too long after things weren't working out.

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