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Technology Stocks : Newbridge Networks

NN 13.69

-2.5%

Dec 2 3:59 PM EST

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To: notredame who wrote (4016)	4/7/1998 11:30:00 AM
From: Craig Ferguson	Read Replies (1) of 18016

Bought back in today. It's now resting at it's 50dma, down 5-6 points from it's upwards resistance. Have to believe that this second double digit decline in the Nasdaq will be a buyable dip. Expect AMD to jumpstart Nasdaq, and more importantly ASND's earnings on Thursday should be promising. I'm expecting an earnings run for ASND tomorrow and general strengthening of the Networker's towards the latter part of this week. Looking for 27 by week's end. Also starting to tread into earnings warning season for this beast. Can notredame, and Pat Mudge give an insight to the quarter? Expectations? I surely hope they do not warn again.

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