Newbridge Networks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks

NN 13.98

+0.9%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pat mudge who wrote (6937)	10/10/1998 8:42:00 AM
From: nord	Read Replies (2) of 18016

In a down market the tax loss selling is like a tidal wave that sweeps over the market. NN is a solid company with many assets both intellectual and contractual.It is trading at or near its 52 week low and is a great candidate for people to offset any gains. It's during times like this that unbelievable bargains can be had [once a cycle]. One persons pain is another gain. This stock is profoudly anemic. With news, reasonable earnings, and resolution of some of the fear that is currently gripping the financial markets this stock will sell for a multiple of current price. So unless you need the money now sit back and smile. If you need to cash in now I am sorry but I thank you for the opportunity to buy a quality emerging telecommunication mutual fund at a fraction of its value. (mutual fund) based on all the spinoffs CKEYF etc. Regards, Norden

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next