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Technology Stocks : Newbridge Networks

NN 16.22

-2.5%

Jan 2 9:30 AM EST

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To: notredame who wrote (2690)	1/9/1998 2:12:00 PM
From: Zardoz	Read Replies (1) of 18016

"tech stocks are taking a beating", sure is an understatment. With the recent meeting between Greenspan & "Mr YEN" the currecny market on the Japan/USD have show a volatile fluctuation. {Up/down by 2.5% last night}. So if the Japenese had invested long ago, and if US is too support the YEN, than maybe the investors are pulling their profits now to apply to their large debts at home. And that caused the fluctuations. It's not a reflection on Newbridge. Just the world biggest buying oppertunity. As was mentioned Message 3133071 ASIA has little effect on Newbridge, but it will have an effect on US sales indirectly.

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