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Technology Stocks : Newbridge Networks

NN 14.16

-1.1%

3:59 PM EST

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To: notredame who wrote (4110)	4/15/1998 12:57:00 PM
From: Jeffrey L. Henken	Read Replies (2) of 18016

The Cowen and Co upgrade is good news. Anaylst's opinions do influence trading on a stock although they are often a lagging indicator and the effect does not usually last long. I am especially worried it if they seem to reach some general consensus. Fortunately as you pointed out analysts seem to have no idea where NN is really headed. One thing I do like is that the volume on NN has remained strong since the sell off. Someone is buying those shares with a lot more money than me and that usually means only one thing. A better future for NN and many more analyst upgrades. Is CKY doing any good for you? Regards, Jeff

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