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Technology Stocks : Newbridge Networks
NN 13.98+0.9%3:59 PM EST

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To: Serge Collins who wrote (9707)2/17/1999 3:11:00 PM
From: pat mudge   of 18016
 
All this talk about new products is a waste of time right now. It's looking at the details and ignoring the big picture. The big picture is what the market thinks the prospects are over the next 12 months, and right now those prospects don't look very good.


I disagree completely. Carriers need a 50 gig switch and those who have the best technology stand to win some impressive contracts. The technology sector is weak today, as are the networkers in particular. This has nothing to do with specific companies. Even COMS with a great DSL contract with BellSouth can't hold its gains.

Overall, buyers are sitting on the sides.

Pat

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