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Technology Stocks : Newbridge Networks
NN 14.04-1.2%Dec 1 3:59 PM EST
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To: Peter Moss who wrote (5765)7/28/1998 12:53:00 AM
From: Mark Kubisz  Read Replies (1) of 18016
 
>>The C$ should rebound soon and with it the TSE.
>>C$ is oversold, so are Can. stocks.

I think there is no question that the big name stocks that foreigners are likely to hold get sold when the currency they are denominated in (C$) drops. On the assumption you agree, what's your opinion on the effect that a Canadian interest hike to defend the currency would have on Canadian stocks?
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