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

To: New Economy who wrote (12500)	8/2/1999 12:25:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

I don't think Soundview would have initiated coverage when they did if they didn't have confidence the company would make the quarter. I will also go out on the line and say I don't think NN will be taken out --- at least not for a long time. I'm adding. Pat

To: New Economy who wrote (12500)	8/2/1999 1:17:00 PM
From: Tunica Albuginea	Read Replies (3) \| Respond to of 18016

New economy: NN pushing into 27 and about to take off again. Action this AM looked like Institutions were cleaning out all the stop losses and weak hands and now NN is ready to moving back up. -Initial Vol was heavy at 1.3 mill shares 1st 2 hours,, 2X average vol as stop losses/weak hands dropped the ball . -since then it appears that sellers are drying up as evidenced by - a stalled volume between 1.3 and 1.6 mill shares until bid was raised above 26.5. That seemed to the new intraday support. - tightening of trading bands - Relative Strength Index trending slowly up . All consistent with firming prices. -Institutions again are again the main buyers thomsoninvest.net getting even higher in percentage as the day moved on. Perhaps, as usual, they know something we don't. VBG. -when TSE opens tomorrow I am looking for a strong opening to take us higher. We are slowly going to go though 30. TA Disclaimer: Let nobody buy NN based on any of the above info since it is all pure speculation.