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 15.56

+0.5%

11:40 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BMWIN who wrote (4716)	6/1/1998 2:34:00 PM
From: pat mudge	Read Replies (5) of 18016

Buy & Sell columnist Sonita Horvitch says in the Saturday edition of the Financial Post that Newbridge Networks is a top sell pick of John Crocker, senior vice-president and chief investment officer of Toronto-based Cassels Blaikie Investment Management. Ms Horvitch notes the stock, currently $40.25, has a 52-week range of $95 to $26.75. Mr Crocker says the stock is expensive and there is a risk that Newbridge's market will move away from the technology that it produces. The last time I heard such hogwash was when one of Pairgain's senior VPs told me ADSL might be viable in 10 to 15 years. Far from the market moving away from NN's products, it's moving towards them. Has Mr. Crocker not been told ATM is the hottest technology in this sector right now and probably will be for the next decade? Why do I even bother commenting. . . Pat

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next