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Technology Stocks : Newbridge Networks

NN 12.54

+6.0%

Nov 7 9:30 AM EST

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To: Doug who wrote (7803)	11/25/1998 12:02:00 PM
From: Ian@SI	Read Replies (1) of 18016

Doug, There are none so blind as those that will not see. 52-week range: 15 7/16 - 47 5/8 That's for NN. The low was a little over a month ago. The stock is up 75% since then. It's still going straight up toward its 52 week high. The street has shown it has regained support for NN. NN is building a state of the art network for 1/4 of the world's population. That's more than 3 times (I repeat THREE TIMES) larger than the entire population of the UNITED STATES OF AMERICA. In other words, this is &^%ing huge. HUGE!!!! If there's any part of this message that you find difficult to understand, ask someone else. Because I give up with you. There are many better candidates to short than a company that has just won an absolutely massive contract. FWIW, Ian. RE: It would appear that the street wants hard earnings and is not willing to pay in anticipation.* P.S. Pat, Many thanks for keeping the faith and sharing so much with so many of us.

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