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

To: Doug who wrote (17311)	2/19/2000 4:06:00 AM
From: Steve Fancy	Respond to of 18016

No, it takes the market time to digest news sometimes, and sometimes markets just don't get it right, hence possible explanation for todays action. That's largely why I'm hedged over the weekend with 40 NN Mar 40 calls. Hopefully a no-lose situation no matter how I look at it. FWIW, I have no intention of selling my ALA stock for a long time. Do you really believe ALA's price will move up if and when they make an announcement.? No prediction short term, and it could sell off further on the announcement IMO. But, I bet it closes the year at 80 plus. Out with the old, in with the new<g>. If I'm wrong, it'll be the first bad ALA call in over a year. They're all documented on the ALA thread and I suspect you'll find most very accurate. Good luck, sf