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Technology Stocks : Newbridge Networks

NN 14.21

+1.6%

12:59 PM EST

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To: Chris Stovin who wrote (9344)	2/5/1999 1:44:00 AM
From: Dennis R. Duke	Read Replies (1) of 18016

OT Don't get carried away. The reason I could not come back right now is I bought RDRT right after it beat an estimated loss of $.17 by showing a profit of $.02. I figured the $.19 positive variance in performance would signal a return to prior levels for RDRT, and I would pocket a nice gain quickly and return. Well, as of today I am down over 30% in about two weeks. If RDRT gets some qualifications of their GMR head programs I'll get to recover, if they don't I will be eating a loss. As the old saying goes: Some times you eat the bear, and some times the bear eats you! I was truly shocked by this news and immediately called my friend who I had talked into NN. He too had gotten out earlier. Loss never feels good. I wish I had some kinder words to pass on. I still think that NN did the right thing by disclosing quickly, and hopefully the street will understand and respect that. It sure is not like the move that Mory pulled on the street in the fall of 1997 for ASND, IMHO. And I believe that will be respected after some reflection. Wishing you all the best!!! Go RDRT, Go NN - on to recovery and gains for all the longs!!! Later, Dennis

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