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Technology Stocks : Newbridge Networks
NN 14.52+6.1%Dec 3 3:59 PM EST
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To: Doug who wrote (6027)8/19/1998 11:12:00 PM
From: ziggya  Read Replies (1) of 18016
 
Doug,

please explain the technical analysis behing the 50md. I have no clue what you are talking about.

I think we might see cdn $40 in the next couple of days, and then lose some gound after the earning are released on the 28th.

A close broker friend told me that the management of Newbridge are asking the employees to purchase share in the open market in order to fight against any possible take over bid
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