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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

Dec 5 9:30 AM EST

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To: Serge Collins who wrote (11513)	5/13/1999 10:35:00 AM
From: pat mudge	Read Replies (1) of 18016

Serge -- My saying FMR managers called Lutz to thank him was a figure of speech. Of course they didn't. According to my sources at NN, they bought in for an extended period of time. Funds of this size don't buy in at a stock's high nor do they dump when the market they're capturing is ready to break out. That's what traders do and some times they call it wrong for the very reasons funds like FMR call it right --- research. Pat

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