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Technology Stocks : Newbridge Networks
NN 12.64+3.2%Nov 14 9:30 AM EST
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To: Doug who wrote (6410)9/9/1998 4:33:00 PM
From: Peppe  Read Replies (1) of 18016
 
Doug,

You asked " Although A.G did not indicate any time frame, did you sense any urgency in his remarks.?"

You know, I don't think it matters in the end. The fact that Greenspan recognizes that he may have to react to a slowing economy is good enough for the markets, as witnessed by yesterday's results.

It would have been far more dangerous to us if AG had said the economy is growing more slowly but growing none the less and no further action is required.

AG's comments don't change my long-term investment strategies and I only dabble in short term trades with tech companies that may get bought soon. (Yes ZO, NN is on my list !!)

Cheers,

Peppe
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