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Technology Stocks : Newbridge Networks
NN 14.21+1.6%12:59 PM EST

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To: Frodo who wrote (15846)12/15/1999 1:59:00 PM
From: JS  Read Replies (1) of 18016
 
Just sold 50% of my position! Phew, that feels a lot more comfortable!

Reason: Simple, this "go at it alone" strategy means, "we put it out there and didn't get anyone to bite" So now they put out this "new and improved" version and see if that sells. Sorry Flynn, your strategy is too transparent.

Will keep half for longer term speculation. If the price drifts lower as I'm expecting, may pick up more in the teens.

Conclusion: There's no sale 'round the corner, just a long rebuilding process. Unless....some desperate buyer shows up.
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