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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: pat mudge who wrote (9529)	2/11/1999 6:23:00 PM
From: Glenn McDougall	Read Replies (1) of 18016

<<It looked like a big seller came in during the last 40 min. Volume on the NYSE went from 600,00 to 791,000 pretty fast. Buyers came in around 27 and held it up. I'm not happy with the day's results, either. And the company's as quiet as snow falling on Whistler. Pat>> Yes, neither am I. Perhaps whomever sold called the company in the afternoon and no one was there. ;-) Once again the TSE lead the movement with ~600-700 shares traded in the last hour. This makes three days in a row for large TSE volume. With NO news. Could the company be waiting until the 23rd when earnings are due out before making any more announcements? Someone is doing a lot of trading on the TSE without a peep from Newbridge. Dow up 2% NASDAQ up over 4% and Newbridge in Toronto down 40 cents. Regards Glenn

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