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Technology Stocks : Newbridge Networks

NN 13.69

-2.5%

Dec 2 3:59 PM EST

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To: Doug who wrote (15126)	11/25/1999 5:58:00 PM
From: Bron-y-aur	Read Replies (1) of 18016

Post from Duncan Stewart found on Yahoo FWIW: Dear Securities PI: I've already written a post on my behaviour re: Corel. I do not say "buy" when I am selling (or vice versa). But I do comment in the press on stocks that I have sold (or bought) and while sometimes I am wrong, I'm not doing it to manipulate the market. My views are given in all honesty and out of nothing more than a desire for everybody (not just multibillion dollar institutions) to have some insight into the decisionmaking process of one mutual fund manager. On Newbridge, I do own a substantial position. I picked the stock up at about $20 Canadian, BECAUSE I believed then (and still do) that it will get taken out between $42 and $50 Cdn per share. For me to say anything else to the press would actually make me a two-faced lying pile of excrement.(BTW, name calling is totally inappropriate...especially given that you were right about Corel, I was wrong...AND ADMITTED SO PUBLICLY!) I have my reasons why I believe that NNC will get bought, and they have not decreased in number or intensity but have increased. I have not sold any Newbridge, but added to it. if I were as evil as you suggest, I would be talking up the takeover while selling into this strength (I am up 75% in a couple of weeks.) I love these message boards...they are the democratization of information within an industry that has too long been the playground of a privileged elite. The dialogue is fantastic...if you can ignore the hysteria, emotion and sometimes unstated conflicts of interest. Duncan Stewart Tera Capital Corporation BTW: are there any other money managers out there who are willing to share information with retail investors or who contribute to these boards without hiding behind a nom de keyboard

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