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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: Mr. Bean who wrote (3069)	2/4/1998 3:41:00 PM
From: Serge Collins	Read Replies (3) of 18016

Bean Counter, You might be right but I would wait awhile. The Globe and Mail reports today that many fund managers are planning to dump the stock in the next little while. This will create an overhang that will be hard to digest. It seems that money managers that follow the Value Line investing technique, and it appears that there are many, will not be able to hold the stock as the technical trend and the fundamentals have suffered a too severe deterioration for them to hold.

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