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


To: blaireo1 who wrote (16827)2/3/2000 1:41:00 AM
From: Tunica Albuginea  Respond to of 18016
 
blaireo 1, there may be one more opportunity to buy NN on
a price dip, [ I hope, :-) ].
It has happened to other stocks as well as to NN, in the past,
that some fast and loose broker will put out " a rumor "
from " informed sources " that NN " will not meet earnings".
It is true that in the past that was often true, but I remember
at least once when it was not ( 1996 or 97 I think ).

If that happens, it will dip long enough I hope to get into
some cheaper shares.

If it comes it will likely come by this Fri or next Tues.

The chance of that happening now are less than 5% in my guesstimate
but you never know.

Perhaps Flynn can re-issue reassurances,

<vbg>

TA



To: blaireo1 who wrote (16827)2/3/2000 11:54:00 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 18016
 
blaireo, ALA announced a 5:1 split to " make shares more affordable ".

Yeah, right.

They appear quite hot:

alcatel.com

Market cap 44 Bill.

I suppose they can afford NN at 8 bill ( $47/sh ).

But let us not forget the smaller companies, who bought
bigger companies: QWST/USWest, WCOM/MCI on stock swap.

So ALA with 900 mill shares can certainly buy NN.

NN continues to have high daily volumes.

Shares are obviously being accumulated,

TA