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Technology Stocks : Newbridge Networks
NN 12.76+4.2%12:13 PM EST

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To: Doug who wrote (7457)11/18/1998 4:37:00 PM
From: pat mudge  Read Replies (1) of 18016
 
Todays move does not seem to be NN specific but rather a part of a general Market move amongst the Networking stocks that have lagged.

If your observation is correct, then the sector would go up at approximately the same percentage rates. A quick run-down:

FORE up 25.12%
PAIR up 17.20%
COMS up 8.63%
NN up 8.36%
CSCO up 6.00%
XYLN up 5.25%
LU up 4.23%
NT up .41%
ASND down .12%

The only one in that group I'd be worried about is Ascend.

Just another opinion.

Pat

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