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Technology Stocks : Newbridge Networks

NN 11.97

+5.3%

Nov 21 3:59 PM EST

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To: Stam who wrote (11355)	5/9/1999 10:52:00 PM
From: pat mudge	Read Replies (1) of 18016

And most of the analysts have maintained after february's preannouncement as well but the stock went nowhere. It went from 25 to 37 1/2. Nice 50% rise in 3 months. finance.yahoo.com Incidentally, do you know what NN does? Do you realize there are only two companies in the world who have carrier-grade ATM core switches, NN and ASND? And do you know that every carrier around the globe needs them if they want to upgrade to broadband speeds? And that every telecommunications vendor is trying to get into that space through acquisition? And that NN's the only one left independent? Will you be buying any more shares here? Absolutely! it was shorts trying to close out profitable positions The only shorts who made any profits worth bragging about were those who had short positions before the pre-announcement. Anyone who shorted that morning is lighting candles to whatever gods will listen. Pat

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