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Technology Stocks : Newbridge Networks
NN 12.62-0.2%3:48 PM EST

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To: Mark Kubisz who wrote (4275)4/27/1998 9:53:00 PM
From: michael  Read Replies (1) of 18016
 
With all due respect...as the nasdaq was climbing NN fell from 70 to 19. After the last few sessions, CSCO, COMS etc are no worse off today compared to 7 days ago...in fact some are up. NN is down $3.00 (11%) and falling. All I'm saying is...Wall ST will not forget how this company misled them for 4 quarters, and will probably do it again...so why buy this company when there are other companies who beat wall st estimates time after time.

With Japan down over 300 at 10.00pm..I see a major correction tomorrow, with NN getting a real beating...say 23-24. If I am wrong, so be it...I have been shorting NN since it hit 30, and will cover my shorts when wall st starts to recognize this d..
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