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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 9:30 AM EST
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To: Doug who wrote (2953)2/2/1998 8:16:00 PM
From: Serge Collins  Read Replies (1) of 18016
 
There was a whiff of trouble in the air last week when Robert MacLellan, a big fan of the company, warned of problems ahead. Sometimes it pays to heed the advice of analysts. He was practically inciting people to sell, but you had to be able to read between the lines.

This stock might bounce a little after a sell-off, but it won't recover till the fundamentals turn around. NNC remains a world class company and it will eventually recover, but caution is warranted.
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