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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 9:30 AM EST

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To: Stam who wrote (11352)	5/9/1999 9:17:00 PM
From: pat mudge	Read Replies (1) of 18016

I doubt all 33 analysts who cover NN were involved in their underwriting, what, some 15 or 20 years ago. Incidentally, of the 33 who cover, 30 maintained their ratings after this recent preannouncement. Percentages alone indicate short sellers are playing a dangerous game. As for the S&P rating, it came out on May 5 and the stock hasn't looked back since. Long CSCO short NN. A year ago that would have been the right strategy. Not so sure it's true now. But, hey, diversity makes a market. You gotta love it. Pat

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