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Technology Stocks : Newbridge Networks
NN 11.84-6.2%Nov 6 3:59 PM EST

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To: Ian@SI who wrote (7854)11/25/1998 3:55:00 PM
From: OrionX  Read Replies (2) of 18016
 
Ian,

I'm not shorting this stock neither am I naive to think the stock will not go down from here. Neither you or most of those overconfident, and I was one too, never thought the stock would go below $24 CDN.
Frankly, today's big rise, as good as it is, is just too good with no meat to justify an increase of $7 CDN. Would have preferred better earnings and some figures on the China deal. For now, there's still too much speculation on where the stock should be valued. On the other hand, that is good for trading in the short term.
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