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Technology Stocks : Newbridge Networks

NN 15.63

-3.6%

Jan 5 3:59 PM EST

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To: gbh who wrote (12371)	7/23/1999 5:32:00 PM
From: Tunica Albuginea	of 18016

gbh, NN has a history of violently correcting down 50 even 70%. I remember in 1995 when it went from US $72 ( presplit ) to $26 !!! over a 6 month period I think,( that was their first disappointment. And yet even after about 5 or 6 disappointing quarters, which, would have finished any company down to the low single digits they keep coming back. I think it is because trying to get everybody to agree as to what has to be the best solution for a WAN architecture spread around the globe has to be a daunting task and I think folks realize that and that is why they gave NN so many chances. I remain optimistic. Perhaps it's mu nature, though I hope not.I hope it's my correct vision of the company, back later TA you said The quarter ends a week from today and I suspect the stock will send strong messages by the end of next week. PAt, unfortunately, the stock has been sending bad messages this whole week. Any opinion on why this is so? Thanks. gary

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