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Technology Stocks : Newbridge Networks
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To: Peppe who wrote (13606)10/12/1999 4:07:00 PM
From: Ian@SI  Read Replies (3) of 18016
 
Peppe,

Shorting NN might be a good short term play.

go for it. <vbg>

After all, it's only your money! LOL

The obvious one is the STII deal. That's brutal and
puts into question their entire fixed wireless business.

Pardon me. Sounds like a rather convoluted thought process at work. If their fixed wireless business wasn't at risk prior to the acquisition, how could it be any more at risk today. Worst case, we might see the STII folk get a few shares more / or some more $ or both. Big deal.

And like any other TA prediction, it's an absolute certainty, unless, of course, exactly the opposite of the prediction occurs. Then there's another perfectly valid TA explanation for what has already happened.

I wonder why I hear of wealthy people like Buffett, Gates, etc. but never a wealthy practitioner of TA. [not really, just an observation.]

Ian.
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