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Technology Stocks : Newbridge Networks
NN 13.98+0.9%Nov 26 3:59 PM EST

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To: pat mudge who wrote (9336)2/4/1999 8:18:00 PM
From: Dennis R. Duke  Read Replies (3) of 18016
 
I wrote this as part of an explanation of the Quiet Period on another thread this evening:

NN today pre-announced earnings because the news could be considered significant and they wanted to make sure that it was fairly given out to the public rather than leaked. Nothing prohibits a Company from making releases of information as long was they are fairly distributed to the general investing public.

This was important news to get to the market. I respect that NN stepped up to the plate and gave it quickly. We will know tomorrow if the market respects it too.

No position currently, but if the market gives a gift tomorrow I might just take losses on other position and be back, (-8 Dennis 8-)

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