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Technology Stocks : Newbridge Networks
NN 11.36-9.3%3:59 PM EST

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To: pat mudge who wrote (6782)10/1/1998 3:31:00 PM
From: Doug  Read Replies (1) of 18016
 
Pat: In todays market only stocks with high valuations are under assault. A comparison of NN and NT will bear that out. NT dropped 0.3% whilst NN made a new low with a 7% drop and strong negative momentum.

Despite NN's current dog and pony show , the stock is still under severe assault indicating the market is not comfortable with the PEG.
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