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Technology Stocks : Newbridge Networks
NN 12.73+1.0%3:59 PM EST

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To: OrionX who wrote (7945)11/26/1998 11:53:00 AM
From: Thomas Scharf   of 18016
 
GOOD! I have as much optimism about NN today as I had when I first bought CSCO about 6 years ago. I fully expect NN to become a 10-bagger for me over the next 6 years, just as CSCO has been over the last 6. The growth of ATM in the teleco back bone is in its infancy. If you think we are doing well on the China Post news, just hide & watch. All NN needs is a major win in the US with one of the baby bells and we will be off to the races.

Those who salivate at the thought of a quick short-term profit when they hear take-over rumors remind me of the cartoon showing a couple of scrawny vultures sitting in a tree in the desert while live animals wander around below. One says to the other "patience my ass. I'm going to kill something!" I say maintain your patience and you will be rewarded.

Happy Thanksgiving (and you folks in Canada have a great day too),

Thomas
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