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Technology Stocks : Newbridge Networks
NN 11.77-6.1%2:02 PM EST
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To: Doug who wrote (6783)10/1/1998 3:43:00 PM
From: pat mudge  Read Replies (2) of 18016
 
NT dropped 0.3% whilst NN made a new low with a 7% drop and strong negative momentum.

If we take this week's highs and lows, my rough calculation shows them both dropping around 25%.

If we take 1998 highs and lows, the picture isn't too much different. I don't have an exact chart, but it looks as though a 45% drop for NN and a 40% drop for NT.

Intra-day comparisons are totally meaningless.

Pat
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