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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST
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To: Doug who wrote (13945)10/26/1999 8:55:00 PM
From: Rob Riordan  Read Replies (1) of 18016
 
Doug - I have no intention of challenging your macro view of the world, or the calls you have made re:NN's current situation. I simply point out that there is a likelyhood that the majority you point to is in fact one major seller of the stock. If your point is that volume constitutes a majority then I concede your point. If you are suggesting, however, that the majority of traders or investors of NN "on a daily basis" are sellers of the stock, then I see no evidence of this.

Anyone who has owned this stock over the past few years knows that this stock goes through periods of highs and lows. Now that your target has been met, perhaps you could share with us your outlook for the future. I would, for instance, be interested in whether you think we are headed to $15 before $25. Rob
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