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Technology Stocks : Newbridge Networks
NN 13.98+0.9%3:59 PM EST
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To: Doug who wrote (6932)10/9/1998 4:24:00 PM
From: zbyslaw owczarczyk  Read Replies (2) of 18016
 
During last hour entrire market went up including many smaller stocks.Could this uptrend be result fo short-covering.If yes nobady was shorting NN.During last hour ( at least until 15:50 ) volume dried out and NN was t5rading today in very narrow range( most of the time 1/16-1/8).Overall over last 5-6 day this stock traded in very narrow range. Interstingly last friday and wendsday was up went entire telecom-networking sectore was very sharply down.

Zbyslaw
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