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Technology Stocks : Newbridge Networks

NN 13.98

+0.9%

Nov 26 3:59 PM EST

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To: Doug who wrote (6230)	8/31/1998 12:42:00 PM
From: pat mudge	Read Replies (2) of 18016

To establish a bottom, we need to see successive days of accelerated price falls on increasing volumes. We have had the price drop & acceleration but volumes are not the type that one would expect at a bottom. Another sell off on increased volume may be necessary. Doug -- I missed last week's carnage and, now, reading the posts, it appears you're right on. Any further thoughts in today's market? I guess what I'm asking is if the bearish sentiment has reached a point where it become bullish. I haven't sold anything since the bottom began sliding, but I haven't bought anything either. What signs are you watching before stepping in, or are you stepping in at this point? I welcome all thoughts. Later -- Pat

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