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Technology Stocks : Newbridge Networks
NN 15.49+6.7%Dec 4 3:59 PM EST
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To: pat mudge who wrote (11507)5/12/1999 11:31:00 PM
From: Serge Collins  Read Replies (1) of 18016
 
FMR must be quite angry with Newbridge these days, being the owner of such a large stake. I wonder how much stock they dumped in the recent selloff or how much of this position they will liquidate over the next few months. Or just imagine how they will punish Newbridge, if and when the company makes one more faux pas.

It wouldn't surprise me to see them selloff part, or all of this position, seeing that it was acquired before the recent earnings warning. Their managers must have a different opinion of the company these days.
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