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Technology Stocks : Newbridge Networks

NN 14.15

-1.4%

3:59 PM EST

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To: Jeffrey L. Henken who wrote (2030)	9/8/1997 9:32:00 PM
From: Andrew	of 18016

Jeffrey, I agree that things look great. However, I must reiterate that I'm not buying at these levels. I'm not taking profits, because I intend to maintain my position - I would trade in and out if I had any confidence in my ability to predict short term price movements. I don't. So I'm happy to hold. It's in my retirement account, and I still haven't found any more compelling alternatives in the Canadian market. Of course, I haven't had a lot of time to look...I'm very picky, so it's time consuming. Here's something I just found on the Fore thread. Montgomery Securities reassuring Fore investors: "* Newbridge's win at BT does not jeopardize FORE at MCI. Yesterday, Newbridge announced that it had won British Telecom's ATM service backbone, called HyperStream (FORE did not bid on this business). Aware of the soon-to-be-completed BT-MCI merger, some in the investment community have begun to fear that FORE's presence in MCI's ATM-based Internet backbone might be in jeopardy. We do not believe this is the case. MCI's Internet business unit remains a separate entity, with its own purchasing organization; we believe FORE's solution is performing optimally and is well liked by this organization. " Andrew

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