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Technology Stocks : Newbridge Networks
NN 13.85+6.9%Nov 25 3:59 PM EST
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To: pat mudge who wrote (5632)7/21/1998 9:21:00 PM
From: Serge Collins  Read Replies (2) of 18016
 
Talk about an arbitrage play.

The gap between the NYSE close and the TSE close is about $1.50 CND. New York started to tank after 2:30 on big volume while Toronto slept. Unfortunately, the action is in New York, not Toronto. I believe the action in New York confirms suspicions that todays activity is related to rumours and nothing else. Douse the rumours and it puts out the fire.

The stock will either pop in New York tomorrow or fall in Toronto. Guess which will occur?
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