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Technology Stocks : Newbridge Networks
NN 12.53-1.5%Nov 19 3:59 PM EST

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To: thebeach who wrote (9157)1/26/1999 1:55:00 PM
From: Dennis R. Duke  Read Replies (2) of 18016
 
Clearing up of US and Canadian dollar arb plays? That is my guess.

BTW, I am out again. Yesterday at $37 7/8th. It got taken at the close. The rise from $21ish to $38ish has been a fairly quick one and I believe we might see a little resistance at these levels. I was also disappointed not to see any news items at the beginning of ComNet. And for having said that the stock will now run, and you can thank me later, if it does.

I will probably buy back at $35 on a China scare that CNBC seems to what to hype today. The Chinesse have already said they won't devalue in 1999. But CNBC has to have a story to tell or they have dead air.

Later, (-8 Dennis 8-)

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