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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 9:30 AM EST
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To: Thomas Scharf who wrote (3119)2/5/1998 4:29:00 PM
From: Trader Bob  Read Replies (1) of 18016
 
I was wrong. I thought we would drift lower today. But as we a see a small bounce. I think that this is evidence that institutional is not bailing at the point. I suspect some will sell at higher levels but it is a bit of a comfort knowing that they didn't hammer it today. Chart still looks ugly but hopefully find a base in here.
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