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Technology Stocks : Newbridge Networks
NN 16.46+0.6%10:54 AM EST
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To: Jan Johnstone who wrote (13792)10/21/1999 4:37:00 PM
From: larry pollock   of 18016
 
Here is one reason that Newbridge is in trouble-the price of the stock continues to fall in spite of good news. The price of the stock has been falling since the day of the annual shareholder meeting when several contracts were announced. Today, there was seemingly good news for one of its affiliates. Also, there has been speculation that Newbridge might get a piece of the $6 billion SBC spending program. Thus far, nothing helps.
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