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Technology Stocks : Newbridge Networks

NN 13.85

+6.9%

Nov 25 3:59 PM EST

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To: Doug who wrote (15397)	12/6/1999 5:59:00 PM
From: Captain Jack	Read Replies (1) of 18016

Doug, I understand completely. The CEO of a small cap I hold passed $10 a share from 2 and now it is back to the 2 range (thankfully I traded the hell out of it). He has only been there 18 months tops. He is holding on only due to ego and stupidity. TM was defeated by the mkt 18 months ago. NN is a great SMALL company in the ocean with big fish. The big fish will either swallow and hold him or he will end up as crap on the ocean floor. He can no longer compete. Not only is the share price and business model telling him that but his employees too. Soon we shall see if he bows to ego and stupidity or decides he has had his glory and it is time to move on as up is out of the question. Does his ego permit him to go out as a success or will he be forced to the bottom and look like a fool? I do not see his position as defeated now,,, he can change that by decideing to stay independent. In the mean time he is worth the gamble as anyone that can do what he did had to be a very intelligent person,, the question arises has time and stress taken the toll ........

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