Newbridge Networks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks

NN 17.07

+0.2%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey L. Henken who wrote (4408)	5/6/1998 10:18:00 PM
From: Glenn McDougall	Read Replies (1) of 18016

Jeff I agree. The drop in nn today offers us a discount price on a great stock. Talk is nn is working on a number of rfq's rfp's with various telco's. A broker told me today that the latest nn Q is looking good. Lots of talk from inside the company that volume of shipments has increased (check the cars in the lot in Kanata). The personal at the company are turning more upbeat about things as well. When the stock went below 30 Canadian dollars stock options were worth very little thus depressing a lot of them. I posted the news about NN and AT&T on the Cisco thread to see the response and just like Rodney Dangerfield "I just got no respect". The people on the Cisco thread think NN is from the backwater aka Canada. Perfect, I say keep them discounting anything NN does and by the time they figure out we are for real it will be to late. The mindset in the U.S. with the big boys is run up the leaders stock price and everything will be ok, I suggest they are missing the boat and the big boys sooner or later will trip-up and leave a opening for a company like NN. Perhaps the best example so far is Cisco's problem with AT&T, the market just has not figured it out yet. For those of you out there who are wondering what to do I suggest that by the time the street figures out what is really going on the stock will be at or near $60 canadian dollars. I will be adding to my position, just can't overlook at 25% gain in a high quality stock Regards to all Glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next