Newbridge Networks Message Board

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Technology Stocks : Newbridge Networks

NN 12.73

+1.0%

Nov 18 3:59 PM EST

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To: pat mudge who wrote (2969)	2/2/1998 10:22:00 PM
From: thebeach	Read Replies (1) of 18016

Well I am honoured that you are soliciting my opinion. First of all we all know in Canada this is the darling of the investment world. Because of this it has always moved higher and lower than expected during its volatile history. As far as earnings go, these are horrible and they will get beat up and I do believe they will phase out this part of the business.Newbridge has always been up front with the investing public and I think that is the managements' style.If you are honest the general investing public will forgive and forget quicker. I do not know the short position but this will have an early impact. After they have covered the stock should start to build a base over the next few weeks. I cannot see CKY being affected by these turn of events.Good luck.BTW,do you think ASND will fall in sympathy?

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