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Technology Stocks : Newbridge Networks

NN 11.36

-9.3%

Nov 20 3:59 PM EST

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To: NNThinker who wrote (5557)	7/17/1998 1:19:00 AM
From: Mark Kubisz	Read Replies (2) of 18016

>>Any hindsight on why NN slipped so much today? Confidence around NNC is not very high right now, while some segments of the market are booming. It's simply a case of some people taking their short term money and putting it elsewhere, at least for now. The good thing is this slide is coming on consistently low volumes. But it could turn upwards in a flash. Just look at what the vague "Newbridge up for sale" rumours started by the Citizen did for the stock a week or two ago. In the meantime, in the absence of significant news, don't be surprised if this slide, as well as equally insignificant upticks on low volume, persists. If you believe in the company, these downward jags for no reason are a very good buying opportunity, in my opinion.

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