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

To: pat mudge who wrote (13805)	10/21/1999 9:01:00 PM
From: Robert Lumb	Respond to of 18016

Pat: "average tends towards ever increasing mediocrity." Something you'd know about, to be sure. You and Serge and Larry go away for months at a time and like buzzards on carrion return when the stock heads down. Newbridge employees are among the brightest and most talented people I've met in my life. They also have something you may need your dictionary to understand: class. I can't agree with you more Pat! I am sick of reading the dribble from these guys. If shorting stocks is your idea of an investment strategy all the more power to you. I on the other hand buy companies I believe in. "Greed is Good" is not my investment philosophy. Terry Matthews has started two Canadian Companies (Mitel & NN) and built them into world leaders. While doing this he has created thousands of jobs here in Canada and around the World. How many billion dollar companies have you guys started? It sure is easy taking potshots from the cheap seats. Just my two cents. Regards, Rob P.S. I guess I will not see you guys on the JDSU or SDLI threads unless of course their is bad news or a shorting opportunity.

To: pat mudge who wrote (13805)	10/21/1999 9:26:00 PM
From: Doug	Respond to of 18016

Pat: I stayed clear of this Board till my call came to pass. Using the Yahoo Board I posted my Short in July and cover at $20 two days ago (1/3) and today (2/3). I certainly feel more confident of my style of analysis. I am glad you refer to NN as Carrion and sellers as Buzzards. The street indeed is merciless. Most Investors are not concerned with Employee CLASS or technical superlatives or the complexities at NN and Networking Protocols . While you may have a flare for that style of analysis, value Investors like myself rely on earnings and revenue growth and their relationship to the current valuation and Business plan. We also pay a COO/CEO to look after those complexities and ensure that the incumbent meets the Business plan. Past glories are of little consequence in a fast changing world of Technology. Any MBA school will tell you that talent like cream flows to the top. When a Company's employees see their net emoluments decrease relative to their peers, they migrate to greener pastures. The situation is identical in the stock market too. Like talent, Money also gravitates towards the Leading Companies. The facts are that Investors who had made all the Contacts and had all the technology research at their finger tips and were all in superlatives about the future prospects were/are dumbfounded when NN began its descent since July with ever increasing momentum. As usual after the event, they as always now have the Excuse Cabinet to fall back on. May I suggest there may be a lesson here.! This Board is to assist Investors in increasing their wealth. I certainly believe that every submission that helps to determine the current trends of price deserves attention. Cheers.

To: pat mudge who wrote (13805)	10/22/1999 6:46:00 AM
From: larry pollock	Read Replies (2) \| Respond to of 18016

Pat, if you don't like my criticisms of Newbridge Nutworks, do not read them. Newbridge Nutworks was trading in the $60's a mere two years ago. Yesterday, the stock price closed at $19 13/16. That's a fact, not an uniformed opinion. I invested in this stock to watch the value rise, not migrate to 52-week lows. The stock price keeps going lower in spite of good news, that's a fact, not an uninformed opinion. If the investment world had confidence in Newbridge Nutworks, our stock price would not be falling. $19 13/16, a poor report card on the Matthews/Lutz management team. Again, if you don't like my criticisms of Newbridge, don't read them. It is my right to criticize, I'm a shareholder!