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Technology Stocks : Newbridge Networks

NN 13.85

+6.9%

Nov 25 3:59 PM EST

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To: Rob C. who wrote (9200)	1/28/1999 11:38:00 PM
From: CJS	Read Replies (1) of 18016

>>I watch the trades go by, I think NN will be $45.00 by mid March, >>after that who >> knows....$70....$90??? >> >> I guess I am also a fanatic. I think once Q3 results come out in Feb., especially if they exceed targeted eps then we should really see some major melt-down of the stock ! Everyone seems to forget that Newbridge is flush with cash, approx. one Billion in cash, and the balance sheet will become even stronger with the IPO for Tundra in the very near term. I think Newbridge has approx. 37% investment in Tundra. I really believe that Newbridge is the next big market play just waiting to happen. Time will tell... Regards...

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