Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: zbyslaw owczarczyk who wrote (13619)	10/12/1999 10:23:00 PM
From: gbh	Read Replies (1) \| Respond to of 18016

What do you think? Zbyslaw, plain and simple, I think this selling reflects Fidelity's lack of confidence in the company going forward. Anyone who denies this lacks objectivity. I wasn't following the stock in Q1. Looking at the chart it looks like the Fidelity buying is what drove the stock from 30 to 40. If this is true, they are selling at a considerable loss. Why? With one good quarter behind it, and the company so far painting a pretty picture going forward, why would they bail now? Perhaps they have some insight that none of us have. Gary