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Technology Stocks : Newbridge Networks

NN 12.64

+3.2%

Nov 14 3:59 PM EST

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To: Tunica Albuginea who wrote (15951)	12/17/1999 2:31:00 PM
From: Doug	Read Replies (1) of 18016

T.A: You have it right except NN is a tech stock. As I see it we have a Bear market in value stocks and a Bull run in the Tech stocks. The interest rate has already been factored in the value stocks. IMO the Techs will be taken down before A.G makes the move. In any case the end date is mid Feb. On past occassions NN has dropped with the clan and reached its low. NN's earnings are due end Feb which is also after A.G's announcement. In brief, NN has a time frame between now and mid Feb to improve. In view of this scenario, I still think a sale would make better sense. Would appreciate your comments. Thanks.

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