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Technology Stocks : Newbridge Networks
NN 11.36-9.3%Nov 20 3:59 PM EST

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To: Edward W. Richmond who wrote (9600)2/12/1999 6:33:00 PM
From: Robert  Read Replies (1) of 18016
 
I think the main concern now is the fact that a large contract may have been lost to a competitor such as Cisco. Newbridge is on record stating that it is confident competing with Cisco, but is aware that this competition is stiff. If the contract has been lost because of technical implementation problems, this is also potentially very serious, and may continue to adversely affect the stock. Of course, analysts are once again looking stupid for giving NN another chance. Alienation of institutional investors could be their final undoing...R
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