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Technology Stocks : Newbridge Networks

NN 12.53

-1.5%

Nov 19 3:59 PM EST

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To: pat mudge who wrote (4247)	4/26/1998 4:30:00 PM
From: cruncher	Read Replies (2) of 18016

Pat: The contracts last fall should be kicking in shortly should they not. When the contracts last fall were introduced the stock of NN did make a impressive run but I think investors thought they would turn into immediate revenue's which they could not. I have noticed with other companies that when a company is about to turn the corner they usually write down everything they can so that they don't impede with profits going forward as they had done in the last quarter. I think the writing was on the wall two quarters ago for UB as they could of wrote down at that time. Did anybody notice the increase in volume on the New York exchange in comparison to the Toronto exchange on a relative basis.Any significance to this. regards cruncher

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