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Technology Stocks : Newbridge Networks
NN 13.98+0.9%3:59 PM EST

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To: larry pollock who wrote (7073)10/21/1998 6:48:00 PM
From: Glenn McDougall  Read Replies (4) of 18016
 
Zbyslaw is correct perhaps the best thing you can do with this "dog" is sell. I on the other hand have no intention of doing so. Newbridge is undervalued in my opinion and sooner or later (I choose sooner) the price will reflect what is going on at the company. LU and CSCO are leaders and will move up first, but from what I see Newbridge is not loosing market share it is gaining. Look at the wireless contract and the DT win today. CrossKeys is starting to show why they are so highly thought of in the market place and Cambrian is bursting onto the market with the metro DWDM. I look for several upgrades in the next several months and more contract wins of major size.

You must look at where NN is today and assess if you think the stock is fairly priced at this level, I do not and intend to hold.

Regards
Glenn
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