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Technology Stocks : Newbridge Networks
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To: micromike who wrote (2645)1/5/1998 10:41:00 PM
From: Sans Souci  Read Replies (1) of 18016
 
A very bullish move today. IMO, we'll see the low 60's ($CDN) or low 40's ($US) in very short order -- possibly before the end of January. With all the negative news at the end of last year, combined with tax-loss selling, things were pretty dismal. Much of that is behind us, and the situation now looks a lot more positive, promising, and less risky to a buyer.

-- Paul

PS: Added to my position today as it broke C$53.00/sh for the second time.
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