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 11.97

+5.3%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zbyslaw owczarczyk who wrote (4610)	5/21/1998 12:55:00 PM
From: Doug	Read Replies (2) of 18016

Z.O: I am always amazed how easily markets are moved. In the case of the NYSE and S&P 500 , nearly 80% of these stocks are owned by Institutions who have their own Analyst. The remaining 20% of these stocks are held by the small Investor. To cater to these Investors, we have near 30 Brokerage Firms that put out a recommendation atleast once a year if not more. In the case of high Beta stocks, the frequency may be higher. These recommendations are meant to actuate the fear and greed enzymes of the Investor. To this extent in the near term they are highly successful. As a rule their long range forecasts are not accurate. Further, when a stock is under a selling climax there is a deadly silence amongst the Analysts. The record of NN's stock price is proof of the ability of NN's management to weather a few storms due to missed earnings. In brief if you are not a trader, use ear Muffs to screen out the unwanted noise. However, if you are a trader, be thankful to those movers and shakers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next