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

To: Tunica Albuginea who wrote (12277)7/14/1999 12:00:00 PM
From: Peppe  Read Replies (2) | Respond to of 18016
 
TA,

I'm afraid NN's woe's have little to do with market share, product superiority or even competitive advantages over CSCO. (all of which are debatable, btw)

Now the truth is out:the Emperor has no clothes.CSCO ditched their ATM switch.Now folks have to come to NN;they have the best technology.


Yeah, well I wouldn't mortgage the house on that one.

After Friday's options expiration, NN will be up smartly next week,IMHO

So, in your estimation, NN stock is being held back due to option expiration being a week away ? Will you sell when NN inevitably rises next week or are you holding long term ?

Good luck...

Peppe



To: Tunica Albuginea who wrote (12277)7/14/1999 1:14:00 PM
From: zbyslaw owczarczyk  Respond to of 18016
 
Tunica, todays action is well corelated with "Thompson"

thomsoninvest.net

When NN droped to 25 1/4 was lots of institutions ready to take NN at 25 1/4. At that time were no clear sell signals, so weak retail shares were collected at lower price. Now we have lots of institutional buying with buy signals at 25 7/8.

Regards
Zbyslaw


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