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Technology Stocks : Newbridge Networks
NN 11.38+0.2%11:08 AM EST

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To: pat mudge who wrote (6784)10/1/1998 4:44:00 PM
From: Doug  Read Replies (1) of 18016
 
Pat: You have made the analytical comparison more difficult than it really is. A market sell off can be compared to a large Force against a set of like springs ( Telcom/Networking Stocks). The compression does indicate the resilience of each one against that Force. NT has withstood this attack without a new low.

During earlier batterings we were able to hold ground. However on this assault (#4),NN has gone past yield (Support) and is now in limbo between the $12+ support and the closing. We can therefore expect that another battering may see us further compressed.
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