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


To: thebeach who wrote (15376)12/6/1999 12:08:00 PM
From: Bob Howarth  Read Replies (2) | Respond to of 18016
 
Still tax loss selling as well. Do you know who brokerage is? Money flow has looked negative last couple days.



To: thebeach who wrote (15376)12/6/1999 12:26:00 PM
From: Tunica Albuginea  Respond to of 18016
 
the beach: I will take a pot shot at " NNC weakness ".
Major Institutions are holding down price around 22 to
discourage as many investors as possible and force them to
sell before the big ride up.They sell +/- 200,000 shares at
the open.That keeps the little guy down.Meanwhile they keep
buying th e stock, in small volumes all day long.
A long shot I know.
Another long shot: NT selling to keep prices down to
encourage TM to be more reasonable during negotiations.

Anyway we will all know when the deal comes through, if it
is during market hours: look for 1 million share trades
rushing through the screen,

:-)

TA