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Technology Stocks : Newbridge Networks

NN 16.15

+0.2%

1:27 PM EST

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To: Johnny Canuck who wrote (1320)	4/1/1997 11:14:00 AM
From: Jeffrey L. Henken	of 18016

Long term I think the bottom line is there will be plenty of market for all the companies concerned. Short term competition is heating up. Earnings disappointments abound. Stock prices continue to fall! My prediction six more months of absolute pain and panic in this sector. Analyst downgrades will continue to chop stock prices down as poor earnings come in. If you are willing to be patient with your holdings in Newbridge we will once again be hitting new highs in say a year or so. But for now I will keep some money on the sidelines looking for insider buying in the sector. Regards, Jeff

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