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Technology Stocks : Newbridge Networks

NN 14.04

-1.2%

3:59 PM EST

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To: Tunica Albuginea who wrote (15656)	12/14/1999 10:11:00 AM
From: Tunica Albuginea	Read Replies (1) of 18016

Nice jump back by NN in a down market this AM. The " big " fear of HI CPI or " strong sales " is come and gone with barely a ripple in this market. Pundits come and go on CNBC yelling " sky is falling , sky is falling " but Naz and Dow seem unfazed and are now climbing back up. Folks are just having a great y2k party. Great come back of NN from it's lows much faster than other stocks that went down: again very few sellers. Somebody must believe in the old Chinese proverb: it is better to be in NN all the time than out of it, in windy times of year 2000 Great showing. Back to 24.5 at the end of day? TA PS It appears NN is being systematically bought in even lumps of +/- 8000 shares by Institutions ( so as not to arouse suspicion in the SI thread <vbg>).

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