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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST
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To: zbyslaw owczarczyk who wrote (9341)2/4/1999 9:07:00 PM
From: Doug   of 18016
 
Z.O: Thanks for the number. I am more concerned about the timing of this downturn than its magnitude.

We have a Market close to its peak & very receptive to an overdue general correction. A NN Investor is now open to the current slide and also any possible market correction; a situation exactly like in Sept of last year.

As the earnings report is only due late Feb. any price propping action is unlikely between now and that date. If this is so, NN could drift lower presenting better oppurtunity for any one wanting to buy more.

Reflections anyone.!
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