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Technology Stocks : Newbridge Networks
NN 16.36+1.5%Dec 9 3:59 PM EST

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To: pat mudge who wrote (4235)4/25/1998 3:33:00 PM
From: Brett Nelson  Read Replies (2) of 18016
 
Pat - you beat me to the punch - my numbers are not terribly meaningful if the market was up 100% while Newbridge was only up 40%. Interestingly, however, it turns out to be just the opposite, take a look:

Price appreciation from approx 4/27 to approx 5/9 for year 19XX:
(sorry about the formatting)

---------- NN---------NASDAQ-----------S&P 500
1991:-----32%-----------2%---------------3%
1992:-----17%-----------3%---------------1%
1993:-----15%-----------4%---------------1%
1994:-----9%-----------(1%)-------------(2%)
1995:-----3%------------0%---------------2%
1996:-----9%------------3%---------------1%
1997:-----16%-----------10%--------------7%

You can see NN beat both indexes in every year during this April / May window.

Predictive or just coincidence??
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