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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST
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To: Doug who wrote (9265)2/2/1999 4:50:00 PM
From: Robert  Read Replies (1) of 18016
 
Ok...I didn't mean to imply that I had minimized the rate of convergence. The stock has been firming for a move over the past little while. You may have noticed the start of the break-out. However, MACD is still positive, although stochastics is becoming a bit oversold. The chart is slightly bearish, I would say, but nothing drastic has yet been confirmed. It is becoming a bit of a laggard though....R
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