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Technology Stocks : Newbridge Networks

NN 14.21

+1.7%

Nov 28 9:30 AM EST

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To: pat mudge who wrote (9369)	2/5/1999 5:12:00 AM
From: cann11	Read Replies (1) of 18016

Hi pat ! How weird with $ 900 million in cash and 45 % increase in their atm orders and the global one contract on the way that people here seriously think this stock is going in the low teens!! Give me a break.Also though they didnt meet analyst expectations they didnt report a loss ! Seems pretty weird how people think this company is heading for bankrupcy .Also I forgot to mention they won a u.s military contract! The way I see it right now , is everybody is basing on analyst expectation , and that some people are reacting irrationnaly. When the global one contract will be announced all the nay sayer will be wrong!Also its funny how some people touted this company has having tremendous growth and now that they havent met analyst expectation they call this a low teen stock ! Oh wel Im long ,will remain long and my patience and confidence will pay off.The way I see it with newbridge is the same when we have a market crash , people get nervous , get scared and start selling , acting with the mass psychology of the market acting irrationally!Also it goes the same when markets get way ahead of itself investors get irrational also! Good Luck !!

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