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Technology Stocks : Newbridge Networks

NN 16.62

-1.5%

3:59 PM EST

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To: pat mudge who wrote (12507)	8/2/1999 8:34:00 PM
From: Tunica Albuginea	Read Replies (1) of 18016

Hi pat, I left ~2400 feeling good about NN's prospects : the stock was slowly inching up even as the market was slowly inching down from +120 points. I think it is important to watch the activity of a stock.It is like a patient. That is how you can tell if something(/body) is sick or healthy,< VBG>. Of course fundamentals also count ( lab tests,etc, GG ), and they are good. I bought a little more at 27. I sold my AOL in my IRA ,because it keeps nudging at it's support level of 92. The internet is still up for grabs and I don't like playing musical chairs in these precarious times.NN did not disappoint. Great force right at the end. I think this is very significant because it keeps swimming upstream against the market, whereas in the past it has tended to sort of mirror the market. I think knowledgeable investors can see through the blue smoke and mirrors, TA

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