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Technology Stocks : Newbridge Networks

NN 14.21

-1.0%

1:03 PM EST

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To: Andrew who wrote (2037)	9/9/1997 12:08:00 AM
From: Jeffrey L. Henken	of 18016

I'm not buying anymore either. Not at these levels. But I guarantee you we will both feel foolish in the future. I've said this before but when I look back on the sale of my CSCO shares a few years ago it's a mistake I will not make with NN. Sometime in October it looks like we will get word on some of the other big deals. Between now and then if we get a pullback, I'm in for more. Actually I'm looking very hard at adding some more ASND shares. That stock has really been beaten down and while it could go lower it won't stay there for too long. The purchase of CSCC will eventually make ASND well rounded enough to be competitive in a number of markets. Unfortunately for my ASND holdings I really believe that NN's technology will continue to give it the lion's share of telecom ATM deals. BT is just the start of many huge contracts to come. I've been certain NN's ATM technology would prevail for years. Now they are proving it! Regards, Jeff

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