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Technology Stocks : Newbridge Networks

NN 12.64

+0.8%

Nov 10 3:59 PM EST

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To: Serge Collins who wrote (8054)	11/29/1998 10:53:00 AM
From: Glenn McDougall	Read Replies (1) of 18016

>>Glenn: I noticed the same spread, it offers an interesting little arbitrage play. I think the decline in Newbridge late in the day was related to the reversal in the TSE 300, which was up earlier but fell late in the day once New York shut down. New York was already closed so there was no way to close this gap. << It looks like the U.S. market is leading the way for the move on Newbridge. I was a little surprised to see the sell-off on Friday after NYSE closed without any additional news. This week should be interesting as it is Alan's wife's birthday (the day (he actually said by his wife's birthday) that Alan mentioned during the CC that he expected to see news about G1.) Good luck to all, Regards Glenn

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