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Technology Stocks : Newbridge Networks

NN 15.70

+5.2%

Jan 16 3:59 PM EST

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To: pat mudge who wrote (13484)	9/29/1999 6:42:00 PM
From: zbyslaw owczarczyk	Read Replies (1) of 18016

We have portfolio dressing at the end of Q3.Many stocks like AMAT,PMCS,INTC or HWP are moving is y different directions. Could be the reason(?).I saw many strong buy orders over the last 2-3 day on Thompson and few sell orders. One thing characteristic was that buy orders are showing up during day at lower volume what suggest that very selective institutional buyer is offering to buy Stock from week traders at lower price. I ahhve not seen any seriuos institutional selling-low volume. Zbyslaw

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