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Technology Stocks : Newbridge Networks

NN 14.21

+1.7%

Nov 28 9:30 AM EST

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To: pat mudge who wrote (13002)	8/25/1999 4:38:00 PM
From: Logain Ablar	of 18016

Pat: Thanks for the update. The company is executing (at least we're now seeing the results and you've been indicating it for a couple of months) which is a good management sign. I like the way they're holding street earnings expectations & there is still more to come between now and 9/23. Also, thanks for posting the cc last night. On a P&F chart we have resistance @ $30 (I guess we hit it @ 29.5 today) but we did give a buy signal when we hit $29. We'll have to see how the street reacts the the acquisiton in the am. Integration should be fine (although there is always some bumps) since there is already a working / ownership relationship. Tim

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