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Technology Stocks : Newbridge Networks

NN 14.21

+1.6%

12:59 PM EST

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To: Dennis R. Duke who wrote (9339)	2/4/1999 11:05:00 PM
From: WTSherman	Read Replies (2) of 18016

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. Dennis, I agree that this was a very forthright thing to do and it speaks well for the integrity of management. Unfortunately, Wall Street pays little premium for integrity unless growth and earnings are part of the package... Much as I have been tempted to stay with NN, I've avoided it every time earnings come near. Just too much history of disappointment. Good luck to all, but, I'm afraid this dawg don't hunt...

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