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Technology Stocks : Newbridge Networks
NN 16.87+4.7%Dec 16 3:59 PM EST

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To: gbh who wrote (13695)10/17/1999 1:41:00 PM
From: pat mudge  Read Replies (1) of 18016
 
These balance sheet issues, as well as, some other issues concerning their continuing use of "reserves" from the T spinoff four years ago, are precisely what has been weighing on LU stock lately.

Based on the timing of the MCI/WCOM crash and the beginning of LU's stock decline I would think there's more validity to that being the cause than any "continuing use of reserves from T spinoff. . ."
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