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Technology Stocks : Newbridge Networks

NN 13.98

+0.9%

Nov 26 3:59 PM EST

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To: thebeach who wrote (6226)	8/27/1998 1:51:00 PM
From: Shanti	Read Replies (1) of 18016

It is very unlikely that NNC will reach $40 very soon. The fact that NNC already played the SBC card on results day indicates (to me) that they don't have too much in the pipeline. This fact was mentioned previously in this thread I also think that people who bought NNC in the 40-95 range may be dumping it, thinking that there may not be another spike to $42. There seems to be a lot of faith in (this thread) what some of the analysts are saying. This is a serious mistake. I have a analyst friend in the NY area who has told me that what he tells his institutional clients is sometimes completely opposite to what he publishes to the public. He justifies this by telling me that he gets a 'bonus' for the transactions (buy/sell..) the institutional clients execute with his firm.

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