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Technology Stocks : Newbridge Networks

NN 11.36

-9.3%

3:59 PM EST

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To: Pete who wrote (3015)	2/4/1998 2:02:00 PM
From: Kayaker	Read Replies (1) of 18016

<<But my question is: Who are the folks that are SELLING the 7+million shares at this low a price? Are they obtuse?>> I got in a couple weeks ago at 43.25 and out yesterday at 29.10. A major pounding for sure. Why did I sell? Well, NNC is not the only game in town. I asked myself: over the next few months, how much confidence do I have that this stock will head back up? Will it go further down? Are there other stocks I think have better potential? Well, NNC is down to 27 something now, and the Precision Drilling I picked up (@ 25.00) this morning (with my NNC money) is up to 26.30. So, ya wanna run that "obtuse" stuff by me again?

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