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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: schlep who wrote (12254)	7/14/1999 12:04:00 AM
From: pat mudge	Read Replies (1) \| Respond to of 18016

A little history: the company was surprised at the 12th hour last quarter and didn't make numbers. It was a devastating blow to everyone, management and shareholders alike. This time they're being extremely cautious in keeping analysts' expectations right where they want them: meeting expectations --- no more, no less. They're in a good space. It's not over-crowded. Product development is solid. Customers are happy. A news report relating to the industry: dailynews.yahoo.com Let me warn you NN can be volatile. You will be given many opportunities to buy low, sell high. However, I did this with Qualcomm for about a year and found myself on the outside looking in when the big advance came. I won't do that again. Now I keep the majority of my NN untouched and trade about 25% when I think there's a bottom or top. Pat