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


To: Tunica Albuginea who wrote (16840)2/4/2000 10:02:00 AM
From: Tunica Albuginea  Read Replies (2) | Respond to of 18016
 
Well Bob I guess we spoke too early. NN is darting out the doorÿ
again @ 34 hitting all 12 cylinders.
Technically there is NO resistance between 33 and 36 so we should be there soon.
There will be some resistance at 36, we were there for ~1 month in Feb of 98.ÿ
My assumption is that all those folks
have already sold so we are not going to see much selling pressure.
Most resistance will be over 37. Again however, it has been
2 years since we were there and so
-most of those probably already took their losses
or
-they would be crazy to sell now, when after all what they
waited for the last 2 years, is about to occur in the next 2 1/2 weeks.

So I think we are moving up.

The last good opportunity to buy NN is happening right now
as it fluctuates between 33 and 36.I think it is like buying
ORCL at 30: up from 24, but on it's way to 120.

I may add some more on a pull back.

I try and tell myself: " you are just buyng
ALA, or ERICY, or NT or CSCO at a discount you dummy ",

<VBG>

TA