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Technology Stocks : Newbridge Networks
NN 17.08-1.1%2:51 PM EST

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To: Ian@SI who wrote (13591)10/12/1999 2:07:00 PM
From: gbh  Read Replies (1) of 18016
 
It obvious that Fidelity is not done, or they are being joined by someone else in abandoning this stock. The stock is being sold recklessly today, with a pronounced lack of buying.

Is this the precursor of yet another earnings disappointment? Two and a half weeks from the quarter close and the stock now down about 20 percent from its previous 1 day earnings run. Seems obvious that not many have confidence in this quarter yet again.

Gary
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