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Technology Stocks : Newbridge Networks
NN 11.97+5.4%Nov 21 3:59 PM EST
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To: Roman who wrote (7401)11/17/1998 10:05:00 AM
From: Dennis R. Duke  Read Replies (2) of 18016
 
The world is on FMOC watch until 2:15 EST, when we hear whether the FMOC will lower rates. If I had been thinking I could have bought in lower assuming that the market will be down until we get the sign of the FED!

The guest analyst on CNBC this morning said she feels the market wants to sell off on the news, no matter which way the FED goes. I think the world is in poor shape and a FED reduction of 1/4 point is needed, and might continue the current bull.

But what do I know? Nothin'

Later, (-8 Dennis 8-)

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