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Technology Stocks : Newbridge Networks
NN 16.41-1.7%Dec 12 9:30 AM EST
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To: Peppe who wrote (6511)9/15/1998 1:24:00 PM
From: Doug   of 18016
 
Peppe:NN reached its high in Nov 97. Since then we have had near 4200
posts mostly euphoric about NN's Mgmt, Technology Sales and Income. Unfortunately, I see no correlation between the price and the messages on this board.

I believe the market is clearly indicating that hope and hype must be substituted with facts about cash flow . If not, parabolic valuations will be duly changed to linear ones as rightly happened to CIEN. NN is currently in a rectangular pattern basing mode and may only break out if there is a change in the earnings and revenue growth .

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