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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: zbyslaw owczarczyk who wrote (6566)	9/16/1998 2:19:00 PM
From: Doug	Read Replies (2) of 18016

Z.O: NN peaked in OCT 97 and has been on a slide since.In reviewing the postings (near 4200); 90% had a positive bias whilst not one had a recommendation of SELL anytime during the slide from OCT 97 to Sept 98. Basically this means that the superlatives herein about Mgmt,Technology, Market share, Earnings and Revenue had no impact on the actual price of NN which continues to drop. It also indicates that the expectations of the Board are not in alignment with market realities. The trading pattern suggest a retest of the lows is now more likely than any breakout on the positive side.

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