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


To: gbh who wrote (13669)10/15/1999 2:38:00 PM
From: Tunica Albuginea  Read Replies (2) | Respond to of 18016
 
gbh, I've been watching NN. Support ~ year ago was at ~18.5.
Certainly if it gets back down there, or anywhere
below 20 it is a buy for a long term hold.
This is a teacherous market.
We must get a wahout before even thinking of going in
otherwise you risk that later when institutions/Fidelity
decide jointly to pull the rug from under the market.
Any rally could be a sucker's rally in a bear market.

The joker with NN is that anybody could announce anytime a buy out.
On the other hand TMathews is a busy eager Beaver and
has been working hard to do something with it.
I have not given up on NN, ( yet, <bg>)

TA

Message #13669 from gbh at Oct 15 1999 2:31PM

Not fun to watch. Anyone brave enough to bid for this stock in any kind of size, is immediately hit. Fidelity? Are you still angry?