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Technology Stocks : Newbridge Networks
NN 14.04-1.2%Dec 1 3:59 PM EST
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To: Ian@SI who wrote (8593)12/17/1998 1:54:00 PM
From: pat mudge  Read Replies (4) of 18016
 
As it now looks like the announcement will be delayed past December options expiry,

I'm told the company's working diligently to get the press out before Christmas. If they can do it before the 23rd, they will.

Based on the low volume on the downside, I'm guessing your hypothetical fund managers are smart enough not to shoot their own corporate feet by selling into an announcement lull. It's also possible they know the PR machine hasn't completely shut down for Christmas.

Later ---

Pat
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