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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

Dec 5 9:30 AM EST

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To: gbh who wrote (14107)	10/30/1999 3:42:00 PM
From: tom pope	of 18016

>>, the price action in the stock for the last few hours on Friday may indicate that selling pressure is easing. The stock staged a nice rebound on decent volume<< No question about that. The volume wasn't totally gangbusters, though 250k in the last 1/2 hour isn't shabby. Certainly, starting around 1:30 the selling dried up and the stock began a nice little rise that added about 1 1/4 points in the last 2 hours of trading. I wish now NN had been on my screen. No position in NN at this time, though will probably re-establish one on Monday. Good luck to all

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