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Technology Stocks : Newbridge Networks
NN 13.80+6.5%1:06 PM EST
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To: david sheppard who wrote (11416)5/11/1999 11:04:00 AM
From: Robert  Read Replies (3) of 18016
 
I'm back!

I thought I was finished with NN, but now it's starting to look interesting again from a traders point of view. Technically, the small up-trend is a dead cat bounce, with a rise on declining volume. The stock is very risky at the moment, but is looking interesting from the point of view of covered writing. I may jump in again since my previous covered calls have just about kept me from a losing position. I did gain a bit (fortunately) on the naked longs that I sold back at $55. lutz says 2 quarters from the good stuff...??...Robert
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