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Technology Stocks : Newbridge Networks

NN 13.85

+6.9%

Nov 25 3:59 PM EST

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To: Dennis R. Duke who wrote (8263)	12/4/1998 2:12:00 PM
From: pat mudge	Read Replies (1) of 18016

Dennis --- Being a long term holder, I don't get hung up on any one day's trading pattern. I'm much more focused on contracts and strategic partnerships. Consequently I can hold with confidence when a nervous market knocks the stock unfairly. Incidentally, the networking analyst at Sanford Bernstein in NYC just upgraded NN to outperform this morning. I met him in Atlanta and he was waiting for the Global One contract and assurance there would be more linearity on TDM sales. By this morning's action, it appears he has both. I'm pleased that an analyst this demanding has renewed his confidence in the company. Pat

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