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

To: Doug who wrote (14918)	11/22/1999 2:14:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 18016

Doug,my feelings on how to play NN: I am banking on a takeover/sale. I don't know when that will occur. Could be any time. Thus have to remain fully invested all the time. The sooner the better, for many reasons, the main one being it will significantly cut my Maalox bill. I don't use options but you could use those if you want to. * I am now looking to adding to my position. * I will add between 21.5 and 22. Downside risk to 20= ~ 25%, to 19=~15%, to 17=~10% and to 14=~5%. I have 30% of extra cash available to buy more all the way down to 14-17% if Alan G. has a bad day!! my hope is to increase the very large position I have by about 25%. I will start daytrading after I get a better feel for the stock. I hope for my daytrades to be profitable and provide all the cash needed to hedge against all future risk. * I think NN is a win-win situation:all I need to look at is -CSCO paying 6.5 bill for Stratacom= money down a rat hole. -LU paying 20 bill for ASND a 2nd tier ATM. -sale of FORE. My bottom hunch is that when NN sells, it will surprise many and make them wish they had bought into it, TA Message #14918 from Doug at Nov 22 1999 12:38PM Tunica: I guess you are playing for a take over. If so, how do you see your downside risk between now and end March and how do you propose to hedge against that risk.? Thanks.