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Technology Stocks : Newbridge Networks
NN 12.73+1.0%Nov 18 3:59 PM EST
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To: Tunica Albuginea who wrote (11303)5/7/1999 3:12:00 PM
From: Peppe  Read Replies (1) of 18016
 
TA,

$45-50/share is a reasonable target.

I agree. However I must caution you on NN being successful due to CSCO's apparent slip up in the ATM market. ASND via LU is the real competitor in this space. NN shares willtrade higher on take-over speculation and a buyout in the $45-50 range does make a lot of sense.

Congrats to the true blue believers who bought on this recent dip. Your faith and courage is beyond my comprehension, but it seemns to be working for you .

Cheers,

Peppe
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