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Technology Stocks : Newbridge Networks
NN 14.74-3.2%3:59 PM EST

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To: w2j2 who wrote (2495)11/30/1997 11:50:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 18016
 
NN will be right. They never should have bought UB but even that mistake will eventually right itself. The market reaction was fairly muted last week to preannounced poor earnings. So what keeps the stock this high in a bad market? Belief that the wan market for NN is anything but flat. I certainly see it as a growth market. So does NN or they wouldn't be adding so much capacity. Regards, Jeff
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