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Technology Stocks : Newbridge Networks
NN 13.69-2.5%Dec 2 3:59 PM EST
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To: Bron-y-aur who wrote (9441)2/7/1999 1:03:00 PM
From: Robert  Read Replies (1) of 18016
 
The gut reaction to NNC is disapointment, but when you look at what happened, it wasn't because of real management screw ups. The realities in the emerging markets economies are hard to contend with, and the core ATM buisness is growing well. I can't see any new reasons for investors to bail out en mass. Surely, there should be some improvements associated with improving conditions globally. Of course there is stiff competition, but that was there previously, and will always be a concern. That being said, i wouldn't be surprised if the stockk sold off some more over the next few weeks...R
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