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

To: Bob Howarth who wrote (17854)	3/7/2000 2:37:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 18016

Bob: " attack on dollar because it is overvalued " will cause EURO/ALA/NN to go up! Maybe that's why ALA/NN are holding up so well today amidst Dow carnage. No? :-) TA Message #17854 from Bob Howarth at Mar 7 2000 2:34PM Michael, I think I heard on CNBC that TSE exchange went down for the count this morning due to volume. Too bad Euro looks like the old Italian Lira. Can't believe a D-Mark can't even buy 50 cents US. Have a funny feeling this currency thing may have some far reaching consequences. For example, strong NASDAQ correction could cause US dollar attack by speculators, since US dollar is so overvalued.

To: Bob Howarth who wrote (17854)	3/7/2000 3:10:00 PM
From: Michael M	Respond to of 18016

Bob -- I'm not a "Euro" believer; fiscally or otherwise. I think there's as much reason to see the dollar as undervalued as the reverse. My earlier wondering about the spread between NN quote and its value in relation to ALA had nothing (that I can see) to do with currency exchange rates. I was looking at the ALA and NN quotes on the NYSE -- both in U.S. currency. If I thought for a minute that Mr Greenspan wasn't determined to drive a stake into the market's heart, I might sign up for a bunch of June NN calls. M