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Technology Stocks : Newbridge Networks

NN 17.04

-0.8%

Dec 24 12:59 PM EST

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To: pat mudge who wrote (4474)	5/12/1998 10:34:00 AM
From: Brett Nelson	Read Replies (2) of 18016

Pat - This seems like good news, but the stock continues to sell off. Any thoughts? biz.yahoo.com It's only one hour into trading and already we have tested $30. Depending on your technical opinion, you could consider $30 the breakout level (hence making it the key support area which must hold if the rally is going to continue) or you could consider $29 1/4 the break-out point (which means we need to trade lower still to test the strength of this breakout). Either way, I hope NN has some good news up its sleeve regarding earnings....

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