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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST
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To: Doug who wrote (6804)10/2/1998 12:18:00 PM
From: Tunica Albuginea  Read Replies (1) of 18016
 
Doug, this is not the low for the market.At present IMHO there are TOO MANY negatives out there, happening at the SAME time ( the force you were talking about earlier ), on a precariously high perched market. It will continue to drop. The only difference with the past however I think is that it will do so gradually because of the trading collars. This may not be over until Dec 31st. In 1995 I did not get the opportunity to buy NN at ~12.7 ; will we get it now?
How about buying 2001 LEAPS if NN hits 13? You could triple your stash, gg,

TA
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