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Technology Stocks : Newbridge Networks
NN 11.97+5.3%Nov 21 9:30 AM EST
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To: pat mudge who wrote (6366)9/4/1998 3:56:00 PM
From: Ian@SI  Read Replies (1) of 18016
 
Pat,

While I wish you were correct re the Analysts coming around, I think much of NN's strength is due to the Canadian peso (used to be called a dollar when it was worth something).

Since Thiessen (our diminutive version of Alan G) raised the bankrate by 1% last week, the dollar has surged from a little more than 62 to almost 66 cents. Last time I looked it was up 60 basis points for the day.

But as this choir knows, our day will come and soon, I believe.

Ian.
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